We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Analyst Blog Highlights: Autohome, Kingdee International Software Group, Mitsubishi UFJ Financial Group and Woori Bank
Read MoreHide Full Article
For Immediate Release
Chicago, IL – May 4, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Autohome Inc. (ATHM - Free Report) , Kingdee International Software Group Company Limited (KGDEY - Free Report) , Mitsubishi UFJ Financial Group, Inc. (MUFG - Free Report) and Woori Bank Co., Ltd. (WF - Free Report) .
4 Winning Asian Stocks to Buy as Geopolitical Tensions Ebb
Asian markets have been provided the right stimulus for growth in the recent past. With the conclusion of the historic inter-Korean summit, geopolitical tensions have ebbed causing stocks markets in the region to rally. Further, the Asian Development Bank has stated that the region would witness upward of 6% growth this year.
Finally, China’s president Xi Jinping recently announced plans to patronize global trade and promised to announce policies to boost foreign investments in that country. Under such favorable conditions, investing in stocks from Asia seems prudent.
Historic Inter-Korean Summit
On Apr 27, South Korean President Moon Jae-in and North Korea’s Kim Jong-un created history at the third inter-Korean summit. This marks the first time since the armistice of 1953 that a North Korean leader has stepped on South Korea’s soil. The summit concluded with each leader promising to denuclearize the Korean peninsula and ending the Korean war by this
However, the joint-declaration was a signed statement between the two countries and is “not legally binding,” with no details as to how North Korea would go about denuclearizing itself. However, North Korean leader Kim Jong-un assured that he plans to invite international experts to his country to ensure that the process is transparent to the world at large.
Further, on Apr 28, President Trump stated that there could be a meeting between the United States and North Korea in the next three to four weeks, which would be the first of its kind in history. Asian stock markets have rallied on such developments, with the continent’s top equity benchmarks ending higher on Apr 27.
ADB’s Positive Economic Outlook for Asia
In a report published on Asian Development Outlook (ADO) 2018, the Asian Development Bank (ADB) stated that it remains positive in its outlook for the region’s economy. The body predicted that developing Asia would expand approximately 6% in 2018 and 5.9% in 2019. Even if Asia’s newly industrialized high-income economies are excluded, overall growth in Asia is expected to be around 6.5% in 2018 and 6.4% in 2019.
In the recent past, oil prices have edged higher. This apart, consumer demand has remained robust. Such factors are expected to push inflation higher in Asia this. The report projects consumer prices to rise 2.9% in both 2018 and 2019.
China Stays Strong
The world’s second-largest economy China has been growing at a steady pace for the past one year. Further, the Asian Development Bank stated in a report on Apr 11 that China would keep growing more than 6% in 2018 as well as 2019. The recent shift of focus from manufacturing to services has been pivotal in China’s economic growth story.
In its recent report, the ADB stated that it expects China’s economy to expand at a pace of 6.6% in 2018. Based in Manila, Philippines, the bank also expects the Asian giant to exhibit 6.4% growth in 2019.
In a speech at the Boao Forum in Hainan province in China on Apr 11, Xi Jinping said that he is optimistic about the economy. He also stated that China is opening up newer avenues for both domestic and foreign investments, indicating that he supports globalization.
Further, the private Caixin/Markit PMI, which surveys small and mid-size businesses in China increased 51.1% in April, against an expectation of 50.9% for the same period. The metric was at 51% in March. Any reading above 50 depicts economic expansion.
4 Top Stocks
Denuclearization talks in the Korean peninsula, Trump’s hints toward a possible U.S.-North Korea summit and his postponement of the import tariffs for the next 30 days have significantly reduced geopolitical tensions in Asia.
Further, as the ADB remains positive about growth in the Asian economy in 2018, there are multiple reasons for investors to consider stocks from the region. In this context, we have selected four stocks that are expected to gain from these factors. These five stocks flaunt a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Autohome Inc. is an operator of an online destination for automobile consumers in the People's Republic of China.
The company is based out of Beijing, China and sports a Zacks Rank #1. The expected earnings growth rate for the current year is 42.97%. The Zacks Consensus Estimate for the current year has improved 18.2% over the past 60 days. Autohome has gained 67.1% in the past six months.
Kingdee International Software Group Company Limited is an investment holding company.
The company is based out of Shenzhen, China and carries a Zacks Rank #2. The expected earnings growth rate for the current year is 47.33%. The Zacks Consensus Estimate for the current year has improved 14.2% over the past 60 days. Kingdee International Software Group has gained 71.7% in the past six months.
Mitsubishi UFJ Financial Group, Inc. provides a variety of financial and investment services such as commercial banking, asset management services and trust banking.
The company is based out of Tokyo, Japan and carries a Zacks Rank #2. The company has an expected earnings growth of 7.25% for the current year. The Zacks Consensus Estimate for the current year has improved 1.5% over the past 60 days.Mitsubishi UFJ Financial Group has gained 45.5% in the past six months.
Woori Bank Co., Ltd. is a provider of commercial banking products and services in South Korea.
The company is based out of Seoul, South Korea and carries a Zacks Rank #2. The company has an expected earnings growth of 22.22% for the current year. The Zacks Consensus Estimate for the current year has improved 2.5% over the past 60 days.Mitsubishi UFJ Financial Group has gained 1.3% in the past six months.
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Zacks Analyst Blog Highlights: Autohome, Kingdee International Software Group, Mitsubishi UFJ Financial Group and Woori Bank
For Immediate Release
Chicago, IL – May 4, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Autohome Inc. (ATHM - Free Report) , Kingdee International Software Group Company Limited (KGDEY - Free Report) , Mitsubishi UFJ Financial Group, Inc. (MUFG - Free Report) and Woori Bank Co., Ltd. (WF - Free Report) .
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Thursday’s Analyst Blog:
4 Winning Asian Stocks to Buy as Geopolitical Tensions Ebb
Asian markets have been provided the right stimulus for growth in the recent past. With the conclusion of the historic inter-Korean summit, geopolitical tensions have ebbed causing stocks markets in the region to rally. Further, the Asian Development Bank has stated that the region would witness upward of 6% growth this year.
Finally, China’s president Xi Jinping recently announced plans to patronize global trade and promised to announce policies to boost foreign investments in that country. Under such favorable conditions, investing in stocks from Asia seems prudent.
Historic Inter-Korean Summit
On Apr 27, South Korean President Moon Jae-in and North Korea’s Kim Jong-un created history at the third inter-Korean summit. This marks the first time since the armistice of 1953 that a North Korean leader has stepped on South Korea’s soil. The summit concluded with each leader promising to denuclearize the Korean peninsula and ending the Korean war by this
However, the joint-declaration was a signed statement between the two countries and is “not legally binding,” with no details as to how North Korea would go about denuclearizing itself. However, North Korean leader Kim Jong-un assured that he plans to invite international experts to his country to ensure that the process is transparent to the world at large.
Further, on Apr 28, President Trump stated that there could be a meeting between the United States and North Korea in the next three to four weeks, which would be the first of its kind in history. Asian stock markets have rallied on such developments, with the continent’s top equity benchmarks ending higher on Apr 27.
ADB’s Positive Economic Outlook for Asia
In a report published on Asian Development Outlook (ADO) 2018, the Asian Development Bank (ADB) stated that it remains positive in its outlook for the region’s economy. The body predicted that developing Asia would expand approximately 6% in 2018 and 5.9% in 2019. Even if Asia’s newly industrialized high-income economies are excluded, overall growth in Asia is expected to be around 6.5% in 2018 and 6.4% in 2019.
In the recent past, oil prices have edged higher. This apart, consumer demand has remained robust. Such factors are expected to push inflation higher in Asia this. The report projects consumer prices to rise 2.9% in both 2018 and 2019.
China Stays Strong
The world’s second-largest economy China has been growing at a steady pace for the past one year. Further, the Asian Development Bank stated in a report on Apr 11 that China would keep growing more than 6% in 2018 as well as 2019. The recent shift of focus from manufacturing to services has been pivotal in China’s economic growth story.
In its recent report, the ADB stated that it expects China’s economy to expand at a pace of 6.6% in 2018. Based in Manila, Philippines, the bank also expects the Asian giant to exhibit 6.4% growth in 2019.
In a speech at the Boao Forum in Hainan province in China on Apr 11, Xi Jinping said that he is optimistic about the economy. He also stated that China is opening up newer avenues for both domestic and foreign investments, indicating that he supports globalization.
Further, the private Caixin/Markit PMI, which surveys small and mid-size businesses in China increased 51.1% in April, against an expectation of 50.9% for the same period. The metric was at 51% in March. Any reading above 50 depicts economic expansion.
4 Top Stocks
Denuclearization talks in the Korean peninsula, Trump’s hints toward a possible U.S.-North Korea summit and his postponement of the import tariffs for the next 30 days have significantly reduced geopolitical tensions in Asia.
Further, as the ADB remains positive about growth in the Asian economy in 2018, there are multiple reasons for investors to consider stocks from the region. In this context, we have selected four stocks that are expected to gain from these factors. These five stocks flaunt a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Autohome Inc. is an operator of an online destination for automobile consumers in the People's Republic of China.
The company is based out of Beijing, China and sports a Zacks Rank #1. The expected earnings growth rate for the current year is 42.97%. The Zacks Consensus Estimate for the current year has improved 18.2% over the past 60 days. Autohome has gained 67.1% in the past six months.
Kingdee International Software Group Company Limited is an investment holding company.
The company is based out of Shenzhen, China and carries a Zacks Rank #2. The expected earnings growth rate for the current year is 47.33%. The Zacks Consensus Estimate for the current year has improved 14.2% over the past 60 days. Kingdee International Software Group has gained 71.7% in the past six months.
Mitsubishi UFJ Financial Group, Inc. provides a variety of financial and investment services such as commercial banking, asset management services and trust banking.
The company is based out of Tokyo, Japan and carries a Zacks Rank #2. The company has an expected earnings growth of 7.25% for the current year. The Zacks Consensus Estimate for the current year has improved 1.5% over the past 60 days.Mitsubishi UFJ Financial Group has gained 45.5% in the past six months.
Woori Bank Co., Ltd. is a provider of commercial banking products and services in South Korea.
The company is based out of Seoul, South Korea and carries a Zacks Rank #2. The company has an expected earnings growth of 22.22% for the current year. The Zacks Consensus Estimate for the current year has improved 2.5% over the past 60 days.Mitsubishi UFJ Financial Group has gained 1.3% in the past six months.
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Click here to see the 5 stocks >>
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year.See these high-potential stocks free >>.
Follow us on Twitter: https://twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com/
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.