Thursday, August 30, 2007

Top Japanese Stocks that Trade on the NYSE


Some interesting facts about Japan:

1. Japan has over 3,000 islands.
2. It has the second largest economy in the world by nominal GDP.
3. It has the third highest GDP by purchasing power parity.
4. It is the fourth largest exporter in the world.
5. It has the fifth largest defense budget in the world.
6. It is the sixth largest importer in the world.
7. The Tokyo Stock Exchange is the second largest stock exchange in the world.
8. Japan catches more fish than any other country in the world except China.
9. It has the third largest R&D budget in the world.
10. More than half of the industrial robots in the world are in Japan.

WallStreetNewsNetwork.com has come up with a list of Japanese stocks which trade on the New York Stock Exchange. Is the Land of the Rising Sun the Land of the Rising Stocks? Here are a few examples.

Canon Inc. (CAJ), which makes copying machines, printers, and cameras, has a P/E of 25.2, a forward PE of 16.8, and a PEG of 0.86.

Kubota Corp. (KUB) makes and markets farm equipment, construction machinery, engines, pipes and valves. The stock has a P/E of 20.6, a forward PE of 14, and a PEG of 1.59.

Nidec Corp. (NJ) makes and sells motors, machinery, and electronic components. The stock has a P/E of 21.4, a forward PE of 14.9, and a PEG of 0.78.

Nippon Telegraph & Telephone Corp. (NTT) is Japan’s large telecommunications company. The stock has a P/E of 9.8, a forward PE of 10.2, and a PEG of 2.25.

If you want a list of all of the Japanese stocks along with their financial ratios in an Excel spreadsheet format, which you can change, add to, delete from, or sort, go to WallStreetNewsNetwork.com.

Author does not own any of the above.

By Stockerblog.com

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