Outperforming portfolio manager names 5 discounted global stocks to buy right now

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Outperforming portfolio manager names 5 discounted global stocks to buy right now
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Many stocks have become 'a bit cheaper' and investors could get good returns, according to one portfolio manager, who calls one a 'long-term winner.'

Many stocks have become "a bit cheaper" and investors could get good returns, according to one portfolio manager. Ted Alexander, chief investment officer of BML Funds, told CNBC's " Street Signs Asia " on Monday that he was a little concerned about valuations a couple of months ago — but that has changed. "Now, we've seen quite a lot of stocks coming up and there's quite a lot of discounted stocks out there," he said.

Alexander named five discounted stocks to consider right now. Five discounted names He named these five global stocks in the industrials and consumer sectors: Germany's DHL and Siemens , Hong Kong's Techtronic , China's Nari and India's Infosys . He said Techtronic has "multiple growth drivers" from product and geographic expansion. He described Nari and Infosys as "high quality companies that are globally competitive at a discount.

 

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