10 Japan Stocks With Upside: Analysts
By Karvy Global
03/17/11 - 01:24 PM EDT
Stock quotes in this article: PC, HIT, MFG, CAJ, NJ, NMR, SNE
NEW YORK (TheStreet) -- The devastating earthquake and the tsunami that struck Japan on March 11 sent stock markets into a tailspin. Stock prices plunged more than 12% in the last five trading sessions.
We have identified 10 Japanese stocks for the long-term. Panasonic(PC), Sumitomo Mitsui Financial(SMFG), Mizuho Financial Group(MFG), Canon(CAJ), Nidec(NJ), Nomura Holdings(NMR), Sony(SNE), Kyocera(KYO), Mitsubishi UFJ Financial(MTU) and Hitachi(HIT) are expected to return up to 63%, based on their respective 12-month price targets.
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