Goldman Sachs sees several opportunities in Japan, naming the 'stocks to own' right now.
Japan 's stock market had a roller-coaster ride last week, but Goldman Sachs sees several opportunities in the country, naming the "stocks to own" right now. It comes after Japan 's broad-based Topix index plunged 12.23% on Aug. 5 and the benchmark Nikkei 225 index fell 12.4% — its worst decline since 1987's "Black Monday." Both indexes have since recouped some losses, with the Topix ending the week down 2.14% and the Nikkei ending 2.46% lower. In a note on Aug.
Goldman has a target price of 3,100 Japanese Yen on the stock, giving it around 50% upside potential at the time of the note. Suntory Beverage & Food Goldman describes Suntory Beverage & Food as a "major Japanese soft drinks manufacturer with the second-largest market share in Japan," as well as operations in Europe, the U.S. and other parts of Asia Pacific.
Suntory Beverage & Food Ltd Hitachi Ltd Goldman Sachs BDC Inc Japan Nikkei 225 Index Goldman Sachs Group Inc Business News
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