Warren Buffett Is Betting on Japanese Stocks. Here’s How You Can Too.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

His $6 billion investment highlights the opportunities to be found in an inexpensive Japanese stock market.

Warren Buffett’s surprising $6 billion bet on five Japanese trading companies spotlights the appeal of Japan’s long-depressed stock market.

While the overall market is inexpensive, better Japanese companies trade for loftier valuations—reflecting in part Japan’s ultralow interest rates. But she says the situation has improved a lot since Abe made structural corporate reforms one of his three “arrows” to boost the economy after becoming prime minister for a second time in 2012, with easy monetary policies and fiscal stimulus.Source: Bloomberg

Its top five companies— Toyota Motor , Sony , SoftBank Group , Keyence , and Nintendo —have their attributes, but don’t compare to the U.S. giants. Only four companies in Japan have market values above $100 billion—against about 65 in the U.S. Hennessy’s Takeda is partial to Daikin, the world’s No. 1 air-conditioning company and a rival to Carrier Global and Trane Technologies in the U.S. “It’s not just air conditioning, but air-purification technology, which is important in a Covid-19 world,” he says.

At around $130, Toyota trades for about 11 times projected earnings in its March 2022 fiscal year and yields 3%. It had net cash and equivalents of more than $80 billion at its core car operations at the end of March, or nearly 50% of its market value.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

$JPY 💹💹🤑🤑🤑🤑🤑🤑

Warren Buffett can afford to bet on Japanese stock. imjustsaying

wonder why

China is a better bet.

Warren is comfortable with how Japan controls it’s media and doesn’t talk about how it treats the world’s whales and dolphins Business as usual.

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:

 /  🏆 3. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Berkshire Hathaway Buys Stakes Valued at $6 Billion in Five Japanese CompaniesWarren Buffett’s Berkshire Hathaway took stakes of slightly more than 5% in five of Japan’s most venerable corporate names with big investments in energy. Share your money more man. A rich guy getting richer, whilst closer to the grave. The guy is becoming richer nd richer
Source: WSJ - 🏆 98. / 63 Read more »