Medium-Term ‘Constructive’ Stance on Japanese Equities Still Intact, GS Says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 03 2024
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Source: WSJ
Goldman Sachs' Outlook on Japanese Equities: Goldman Sachs maintains a positive medium-term outlook on Japanese equities, emphasizing governance reforms and an inflationary economic transition, with unchanged investment recommendations for the new government.
Investment Preferences and Index Target: The firm favors domestic demand-driven stocks, small and mid-caps, quality growth stocks, and defense names, while keeping its 12-month target for the Topix Index at 2900.
Analyst Views on ZTO
About ZTO
ZTO Express (Cayman) Inc is a holding company that provides express delivery services and other value-added logistics services through a nationwide network. The express delivery services mainly include parcel sorting and route transportation. The Company provides express delivery services directly to corporate customers, including vertical e-commerce and traditional merchants, as well as delivering products to end consumers. The Company also provides freight forwarding services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
