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SVNDY - Hold Seven & I Holdings Co. As Japanese Economy Shifts
Seven & i Holdings Co. Ltd. ADR
As the novel coronavirus pandemic continues to disrupt world markets and put a damper on growth, investors must still look for sources of alpha. But with U.S. stocks wildly overvalued and even Warren Buffett putting the brakes on any deal-making due to the Fed's propping up of U.S. markets, where is one to find any decent value?
Across the Pacific, a stalwart of retail Seven & i Holdings Co. (SVNDY, SVNDF) trades at a healthy 14 multiple and is well-positioned to weather the economic fallout from the novel coronavirus pandemic. While seeing