For Immediate Release
Chicago, IL – October 13, 2016 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:( https://www.zacks.com/stock/ news/234266/is-brexit-a- buying-opportunity ).
Is Brexit a Buying Opportunity?
Welcome to Episode #13 of the Value Investor Podcast
Every week, Zacks value stock strategist and the Editor of Zacks Value Investor portfolio service, Tracey Ryniec, talks about all things happening in the value stock universe, including her top stock picks.
This week, Tracey discusses how value investors need to look for buying opportunities. Value investors buy in industries and sectors everyone else is scared of. Fear is the value investor’s friend.
Right now, one of the most fearful parts of the global economy is in Great Britain. The Brexit vote is continuing to have investment ramifications as questions swirl about whether it will be a difficult separation or not.
The British pound just suffered one of the top 40 worst 4-day periods in its history, as it fell nearly 5%. It is at 1985 lows.
A value investor might ask: are British stocks being hit just as badly?
And if so, are there some buying opportunities there?
Tracey looks at the ways you can get into the game including through buying British companies that are trading on the US stock exchanges as well as through buying country-specific ETFs. The ETFs give you more diversified exposure.
Are British Stocks on Sale?
1. GlaxoSmithKline (NYSE: (GSK - Analyst Report) -Free Report ) has a forward P/E of 16.7. It also pays a dividend yielding 4.6%.
2. AstraZeneca (NYSE: (AZN - Analyst Report) -Free Report ) is trading with a forward P/E of 15.5. Shareholders are rewarded with dividends yielding 4.3%.
3. British American Tobacco (NYSEMKT: (BTI - Snapshot Report) -Free Report ) isn’t very cheap. It has a forward P/E of 19.
Tracey is also keeping a couple of stocks on her “watch” list. Which ones does she think have potential?
What About Country ETFs?
1. iShares United Kingdom ETF (NYSEARCA: (EWU - ETF report) - Free Report ) : specializes in mid-and-large cap companies. Only down 3% on the year.
2. iShares United Kingdom ETF (BATS:(EWUS - ETF report) - Free Report ): focuses on 240 small cap companies. It is down 12% year-to-date.
Tracey believes there is a buying opportunity in one of these. Which one does she like?
Check out this week’s podcast to find out what values may lurk in the British Isles.
Want more insights from Tracey?
Check out her weekly Value Investor service to receive more in-depth analysis on value companies and see which stocks she thinks are the best bargains now. Click here to learn more>>
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