Abhay Deshpande, portfolio manager of First Eagle Global Funds, tells CNBC why he thinks Japanese and US companies are the most attractive right now.
Source: CNBC, December 28, 2010.
The graph below shows the price chart of the Nikkei 225 Average, making headway since the November low and also putting in improved relative performance versus the Dow Jones World Index (bottom section). As is the case with most stock markets, the Index looks toppish in the short term but could be one of the better performing markets in 2011. (Also keep an eye open for a potential golden cross, with the 50-day moving average looking set to breach the 200-day line.)
Source: StockCharts.com
