European stocks have outperformed the S&P so far this year, and should offer healthy returns going forward, says Lisa Myers, portfolio manager for the Templeton Global Balanced Fund. Myers is bullish on French oil services player Technip due to its strong deep-sea drilling business. Staying in France, she is also positive on shares of BNP Paribas, despite the recent probe into the bank’s alleged money laundering activities. Finally, Myers is a fan of Swiss pharmaceutical giant Roche Holding due to its extensive oncology and immunology drug pipelines, as well as its healthy dividend.

More from Video

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Elon Musk's Twitter Tirade Is the Dumbest Thing on Wall Street

Elon Musk's Twitter Tirade Is the Dumbest Thing on Wall Street

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Video: You Could Live in a Ritz-Carlton or St. Regis Home

Video: You Could Live in a Ritz-Carlton or St. Regis Home