EWJ: Why Now Is The Time To Buy The Dip On Low-P/E Japan
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EWJ, an ETF offering exposure to Japanese equities, is currently seen as a buying opportunity due to Japan's market shift towards shareholder-friendly practices and low earnings multiples. Despite recent underperformance, EWJ's low P/E and PEG ratios, along with technical support, suggest potential bullish momentum.
December 24, 2024 | 8:00 am
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EWJ is positioned as a buying opportunity due to Japan's market transformation towards shareholder-friendly initiatives and low earnings multiples. The ETF's low P/E and PEG ratios, along with technical support, suggest potential bullish momentum.
The article highlights EWJ's potential as a buying opportunity due to Japan's market transformation and low earnings multiples. The ETF's low P/E and PEG ratios, along with technical analysis showing trendline support, suggest potential for bullish momentum despite recent underperformance.
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