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Now that we know that Spain is going to be given whatever it needs (no matter what anyone else says), we can focus on which stocks to own now for renewed hope in Europe.

According to Forbes, eleven of the largest companies around have large European exposure and therefore stand to gain as the Euro issues fade. That is not to say that the soap opera of the Eurozone is actually over, but it is becoming crystal clear that no matter what Germany has to say, nobody wants to see a devastating "depression" result from the fall of some of the worlds largest nations.

Here is the complete list of the companies with the largest exposure in Europe. The 5 companies I will focus on are ones I have been talking about for quite some time and they all have one thing in common; they are ALL in our "Team Alpha" portfolio.

That is pretty remarkable actually but even more than that is these companies are also dividend winners which now can show a great jump in capital appreciation with the Euro Saga now favorable for them.

The Big Five

  • General Electric (NYSE:GE): Price: $19.20/share, Dividend Yield: 3.70%, ESS Rating: Bullish (recently upgraded)

Exposure to Europe as well as globally makes this conglomerate extremely attractive and it is undervalued.

  • Coca Cola (NYSE:KO): Price: $75.24/share, Dividend Yield: 2.75%, ESS Rating: Very Bullish

A "Buffett" type of stock, which not only has an amazing record of shareholder returns but also has the world's greatest brand name, makes this a must have in virtually any portfolio.

  • Philip Morris (NYSE:PM): Price: $83.97/share, Dividend Yield: 3.75%, ESS Rating: Very Bullish

More people smoke in Europe and Asia than anywhere else on Earth and that is the major source of revenue, as well as growth in emerging markets for PM. With a far less restrictive smoking "atmosphere", PM stands to gain greater market share going forward.

  • McDonald's (NYSE:MCD): Price: $87.75/share, Dividend Yield: 3.25%, ESS Rating: Bullish

With global growth in May reported at "only" 3.3% the stock came in under estimates and has offered a buying opportunity. Off of its 52 week highs the dividend yield is now firmly over 3% and it is also a must own for just about any portfolio.

  • DuPont (NYSE:DD): Price $49.50/share, Dividend Yield: 3.55%, ESS Rating: Bullish

DuPont has a major global footprint in the sector and with its recent pullback from its 52 week highs, offers another mega cap blue chip stock with a dividend yield approaching 4%.

We had our shopping shoes on last week and added some MCD back into our core portfolio, even with some headwinds, so if the stock rallies now, we are there.

One of our other positions I especially like right now is General Electric.

General Electric Company (<a href='http://seekingalpha.com/symbol/ge' title='General Electric Company'>GE</a>)

At $19.20/share, the price does not reflect the enormous potential of a 10.9 forward PE ratio for this much maligned conglomerate. Put your emotions and political leanings aside, let the past go and look at the future folks. General Electric has everything and with its large global exposure could jump strong and quickly as Europe and Asia calm down.

Don't forget the dividend yield of 3.7% (which was just approved for this coming quarter by the way) and we have a strong potential for all around growth, rather quickly also.

My Opinion

All five of the stocks I have mentioned here could see a significant jump in share prices next week. Obviously if there are more Eurozone "issues" there could also be volatility.

As I have said, I do not believe that any nation will be allowed to fail and thus I am extremely bullish on these stocks for the long term.

Source: These 5 Stocks Can Jump As Europe Relaxes