Undervalued Japanese Stocks: 2 to Consider
Primostocks submits:
I have a friend who’s a fund analyst at Wilshire Associates, one of the biggest investment consulting firms in the world. His job is to research and analyze funds for investment suitability so he speaks to and interviews portfolio managers all the time. A couple of days ago he mentioned he’s generally been hearing around the firm and from some money managers that prospects are looking good for Japan right now. “Japan is cheap following a two decade slump,” he says. He also said shipments to China from Japan are improving.
Japan’s GDP grew 4% in 2010, the highest since 1990. Its growth is projected to slow to 2% in 2011. The yen appreciated in value against the US dollar and euro which is a sign of inherent strength – Japan’s growth is real, not due to inflation. Unemployment is currently only 5% in Japan, and is expected to decrease Complete Story »
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