Jim Lowell, editor-in-chief of Fidelity Investor, recently appeared on CNBC’s Closing Bell to discuss why attractive valuations and fear-based selling are reasons to keep an eye on Europe and Japan.
Compared to other areas in the world, Europe and Japan provide some very attractive valuations, Lowell says. Stimulus measures applied in Europe and Japan have produced a nice safety net for investors, making now the time to take advantage of any significant fear-based selling in those marketplaces.
Don’t want to leave the U.S. market? Lowell points out a couple ways to get into Europe and Japan without having to forgo domestic opportunities.
- A diversified health care fund, such as Fidelity Select Health Care (FSPHX), gives investors access to pharmaceutical companies that are global in nature and domiciled in Europe.
- U.S. mega-caps are dependent on what’s going on in the European and Japanese marketplaces. A fund like Fidelity Mega Cap (FGRTX) allows access to Mega caps such as Apple (AAPL), Microsoft (MSFT) and Target (TGT).
Check out the video above for more.