Masa Takeda, Hennessy Japan Fund Portfolio Manager, joins the latest edition of Good Buy or Goodbye to discuss his top and bottom picks in the Japan market.
Masa Takeda highlighting ORIX Corp. (8591.T) as a stock to buy, saying the normalizing rates in Japan is a tailwind for types of businesses like ORIX. In addition, Takeda pointing to the “very, very attractive valuation” of the stock.
Hitachi (6501.T), on the other hand, is one stock Takeda would signal caution for investors. “It’ll be interesting to see whether they can successfully translate that backlog into solid revenue growth and profit growth” says Takeda.
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This post was written by Ivana Freitas.
