The one non-U.S. stock market that could win from Trump and how to play it
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 07 2024
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Source: CNBC
Japan's Stock Market Outlook: With Donald Trump returning to the White House, Japanese stocks have rallied due to a weaker yen and expectations of benefiting from U.S. policies, as evidenced by a 2.6% rise in the Nikkei 225 index.
Investor Sentiment and Recommendations: Analysts suggest that while Japan may outperform other markets post-election, foreign investor interest remains cautious after previous sell-offs, leading firms like Bank of America to recommend high-beta stocks such as Hitachi and Keyence for potential gains.
Analyst Views on EWJ
Wall Street analysts forecast EWJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 84.860
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Current: 84.860
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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.
