The Last Deep Value Stocks In The World?Rupert Hargreaves
With the current equity bull market now in its 10th year, the number of opportunities out there for deep value investors is extremely limited.
Indeed, a quick screen of the market for companies trading for less than net current asset value returns just 55 results, of which 20% are struggling biotechs, and nearly a third are Chinese firms listed in the US.
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But this isn't representative of the rest of the world. There are two regions in particular where deep value still prevails: South Korea and Japan . . .
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