— especially if there's a Democratic sweep at next week's U.S. election, according to Japanese bank Nomura.
The share prices of cyclical stocks typically follow the economic cycle, and would rise on an upturn in the global economy. But instead of simply picking such stocks that appear undervalued, Nomura said in a Thursday report it prefers a more selective strategy to better guard against risks. The bank recommends what it calls "quality-cyclicals-financials" stocks. Screening for certain profitability and market capitalization criteria, Nomura came up with a list of stocks in Asia for investors who wish to play the cyclical recovery theme.
Pro DEMOCRATIC NATIONAL PARTY WINS CHINA WILL CONTROL USA ECONOMY VERY SORRY TO SAY THIS
Pro Blue wave aint happening
Pro Biden’s are under FBI investigation
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Pro Well this just says it all
Pro Biden CNBC is not your friend but China loves you Joe
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Pro BIDEN FOR CHINA
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Pro ISWYDT - Biden’s=China First. Yours us a subtle game, CNBC.
Pro China Joe!
Pro CNBC is in full campaign mode for the Democrats . These ads are brought to you by.. President Xi...
Pro Technology companies will lead today's stock market rise
Pro Trump 2020
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Pro Buy China stocks.
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Pro good
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