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Is Japan a buy? A new report says yes

My friend and collaborator Dr Sandy Nairn, the CEO of Edinburgh Partners, and former Director of Global Equity Research at the Templeton/Franklin group, argues the case for taking a long, hard look at the Japanese equity market in the latest briefing paper published by Independent Investor. You can download the full 20-page report Is Japan a Buy? for free from the Independent Investor website.  Simply follow the link on the right hand side of the home page.

The case for Japan has been made many times over the last 20 years, but the trend of the market, as we all know, has been one of prolonged decline, punctuated by periodic false dawn rallies. Dr Nairn concludes however, after looking in detail at the 40 year trends in Japanese profitability, growth, national debt and demographics that there are now compelling reasons for buying into the Japanese story. Many shares are cheap and it is a myth that all Japanese companies are condemned to earn lower profits than their counterparts in other countries.

Written by Jonathan Davis

January 10, 2011 at 11:59 AM