Morgan Stanley is bullish on Japan, says its stocks are 'oversold and unloved'

, after stronger-than-expected quarterly profits from some of the largest publicly traded American companies.

"Although Europe and Japan can both be classified as being both unloved and undervalued, we prefer the latter as we feel that it offers a better potential earnings and profitability story and more compelling undervaluation," it added. But the bank painted a rosy outlook for corporate earnings, and said that any improvement in China's economy could also be good news for Japanese companies.

If you visit Japan, you’d see why they are oversold. It’s like being in the US in the late 90’s. Technologically, they are pretty far behind 🤷🏽‍♂️

So time to sell japanese stocks

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