Nomura says buy these Asian stocks if Democrats sweep the U.S. election

— 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

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