5 Most Profitable European Stocks

In this piece, we will take a look at the five most profitable European stocks. For more stocks, head on over to 11 Most Profitable European Stocks.

5. Mercedes-Benz Group AG (OTCMKTS:MBGYY)

Trailing Twelve Months Net Income: $24.7 billion (1EUR = 1.07USD)

Number of Hedge Fund Holders In Q3 2022: N/A

Mercedes-Benz Group AG (OTCMKTS:MBGYY) is one of the largest car companies in the world. Mostly known for its luxury sedans, the company also makes and sells trucks, engines, and other products.

Mercedes-Benz Group AG (OTCMKTS:MBGYY) scored a big win in 2022 when it became the best selling car brand in Singapore. Its sales stood at 4,336 cars in the country with the second highest GDP per capita in the world.

4. Vivendi SE (OTCMKTS:VIVHY)

Trailing Twelve Months Net Income: $26.3 billion (1EUR = 1.07USD)

Number of Hedge Fund Holders In Q3 2022: N/A

Vivendi SE (OTCMKTS:VIVHY) is a French media and entertainment company. It engages in a wide variety of media and creative ventures such as running television channels, providing video games, an online video streaming platform, and live performances. The company is based in Paris, France.

3. A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY)

Trailing Twelve Months Net Income: $29.3 billion

Number of Hedge Fund Holders In Q3 2022: N/A

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) is a Danish shipping company that is also one of the largest of its kind in the world. It focuses primarily on container shipping services on the ocean, cold chain logistics, and supply chain management. A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) is headquartered in Copenhagen, Denmark.

After another global shipping slowdown last year, A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) reported in February 2023 that its bunker fuel consumption dropped to 2.55 million mt in the fourth quarter of 2022, for a 9.2% annual drop and the lowest since the peak of the pandemic.

2. TotalEnergies SE (NYSE:TTE)

Trailing Twelve Months Net Income: $36 billion

Number of Hedge Fund Holders In Q3 2022: 22

TotalEnergies SE (NYSE:TTE) is one of the largest oil companies in the world. The firm is a diversified energy company, with operations from the well to the pump. It was set up in 1924 and is headquartered in France, and has billions of barrels of proven oil reserves.

TotalEnergies SE (NYSE:TTE) was the latest oil company that bathed in record profit after the Russian invasion of Ukraine. While the firm had reported $16 billion in profit by 2021 end, in 2022, it ended up earning $36 billion. 22 of the 920 hedge funds part of Insider Monkey’s Q3 2022 survey had bought its shares.

TotalEnergies SE (NYSE:TTE)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 23 million shares that are worth $1 billion.

1. Shell plc (NYSE:SHEL)

Trailing Twelve Months Net Income: $42 billion

Number of Hedge Fund Holders In Q3 2022: 39

Shell plc (NYSE:SHEL) is another large oil company. Based in the U.K., the firm explores, produces, refines, transports, and sells oil and gas products all over the globe.

Shell plc (NYSE:SHEL)’s full year 2022 results saw the firm post a record net profit of $42 billion, as it benefited from the rising oil prices last year. Insider Monkey’s third quarter of 2022 survey covering 920 hedge funds revealed that 39 had owned the company’s shares.

Ken Fisher’s Fisher Asset Management is Shell plc (NYSE:SHEL)’s largest hedge fund investor with a $1 billion stake that comes via 20 million shares.

Disclosure: None. You can also take a peek at 15 Best Cybersecurity Stocks To Buy and 15 Biggest Chinese State-Owned Companies.

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