'One of the greatest ways to invest in Asia': Fund manager names 6 under-the-radar stocks to buy

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 51%
  • Publisher: 72%

Nikkei 225 Index News

S&P 500 Index,Fanuc Corp,Keyence Corp

Portfolio manager Richard Kaye is bullish on one key Asian market he says offers an opportunity 'a lot of people don't recognize.'

Portfolio manager Richard Kaye is bullish on the Japanese market and believes it offers an opportunity "a lot of people don't recognize." "Japan is one of the greatest ways to invest in Asia because we have so many companies in Japan which have major suppliers to China automation, semiconductors, consumer aspirational brands," Kaye, a portfolio manager at asset management firm Comgest, told CNBC's " Squawk Box Asia " on Thursday.

Among the companies on his radar are Fanuc Corp and Keyence Corp which are in the business of automation products. In medical electronics and health care, Kaye is bullish on Shimadzu Corp and Sysmex Corp . Other companies he likes include Fast Retailing — which owns fashion label Uniqlo — as well as tourism company Oriental Land , which owns the Tokyo Disney Resort. All six stocks are listed on the Tokyo Stock Exchange and trade as American Depositary Receipts in the U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines