Warren Buffett buys into Japanese stocks. How to play the move using ETFs

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Warren Buffett buys into Japanese stocks. How to play the move using ETFs $EWJ $DXJ $BBJP $BOTZ (via ETFEdgeCNBC)

"Some of this money collectively is going into the BetaBuilders ETF, BBJP, which is a cheaper version of those two products," he added, referring to. "But we do think that there's an undervalued opportunity in some of these Japanese ETFs and ... you get the benefits of diversification."

Jay Jacobs, senior vice president and head of research and strategy at Global X ETFs, said there's much more to Japan's market than meets the eye. "A lot of people look at Japan and think of this kind of large, but stagnant economy that hasn't done a lot in the last 10 or 20 years and that's actually very far from the truth," Jacobs said in the same "ETF Edge" interview. "There are pockets of opportunity within Japan where they've been very much at the cutting edge.", 42% of which is invested in Japanese stocks.

"These are leading companies at developing robots that are building automobiles, that are building cellphones, that are manufacturing semiconductors, that are building the robots that are going to be delivering towels at our hotels soon," Jacobs said. "So, they are at the forefront of one of the most powerful themes that we see in the market today."

 

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