AGF global manager favours Far East markets

Japan's growth streak is a pleasant surprise, says Stephen Way.

Diana Cawfield 11 January, 2018 | 6:00PM
Facebook Twitter LinkedIn

When it comes to global equity opportunities in 2018, Stephen Way favours the Far East, especially Japan.

"Certainly, one of the surprises has been Japan, in terms of sustainability and basic economic growth," says Way, a senior vice-president and portfolio manager at AGF Investments Inc. in Toronto. "They just registered their second-quarter GDP of 2.2%." He adds that the country has had the longest sustained positive economic growth in more than a decade.

Way considers Japan to have solid stock-market fundamentals and attractively valued individual stocks. Among AGF's Japanese recent stock holdings are Keyence Corp. (KYCCF), whose products include sensors and measurement systems, and Nippon Telephone & Telegraph Corp. (NTTYY).

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free
Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Honeywell International Inc221.28 USD0.29Rating
JPMorgan Chase & Co167.78 USD0.74Rating
Keyence Corp597.95 USD1.24
Moody's Corporation379.31 USD1.42Rating
Nippon Telegraph & Telephone Corp ADR27.29 USD0.06
Northrop Grumman Corp395.99 USD0.53Rating

About Author

Diana Cawfield

Diana Cawfield  Diana Cawfield is an award-winning writer who has been a regular Morningstar contributor since 2000. Her numerous publication credits include the Toronto StarAdvisor's Edge and Chatelaine, as well as the Canadian Securities Institute's online educational services.

© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy