EEM - DEM: Emerging Markets' Valuation Dividend Yield And EPS Growth Come Together (Rating Upgrade)
2024-04-28 23:02:07 ET
Summary
- EM equities have outperformed recently, benefiting from a rise in China equities since January.
- I have a buy rating on the WisdomTree Emerging Markets High Dividend Fund ETF due to its improved relative strength, attractive valuation, and yield that's near 6%.
- DEM employs a dividend-weighted approach, potentially enhancing returns and reducing volatility compared to traditional asset allocation approaches.
- I highlight key price levels to watch and call out current valuation and earnings trends in the EM universe.
Stocks peaked about a month ago. Since late March, the S&P 500 has been down about 3%. Nothing to write home about in terms of a market correction, but it’s generally red across the board. One area that has been a quiet outperformer lately, though, is emerging markets . ...
DEM: Emerging Markets' Valuation, Dividend Yield And EPS Growth Come Together (Rating Upgrade)