Chitta Wealth reveals investment opportunities in the second half of 2023, prominent US, Japanese and Vietnamese technology stocks.
Mr. Trawut Luangsomboon Chief Executive Officer Jitta Wealth Asset Management Co., Ltd. revealed that the Thai stock market dropped more than 10% (June 27). 2023) from the beginning of last year. as a result of domestic and foreign factors Especially politics and corruption of listed companies. It hit a record low since February 2021, but investment opportunities in the second half of 2023 still exist in many parts of the world. Both the good bond market that will benefit from US interest rates. which is almost stable and may decrease in the future US stock market that may be affected by the economic recession The market expects this to happen in the next 12-18 months. But it looks very mild. At the same time, some of the largest US technology stocks have made stronger-than-expected gains. Given the potential business growth, the FANG+ index, which tracks popular tech stocks like Apple Alphabet, Amazon Meta and Netflix, posted a 74.94% gain from the start of the year. such groups to improve from financing costs that tend to decrease 94% from the beginning of the year and if interest actually decreases in the future, it will have a better effect on those stocks to improve. from financing costs that tend to decrease 94% from the beginning of the year and if interest actually decreases in the future, it will have a better effect on those stocks to improve. from financing costs that tend to decrease
In addition, the Japanese stock market is attractive. After the economy expanded 2.7% in the first quarter, above economists had expected. After the yen depreciated 9.5% against the US dollar (as of June 26), private investment and the manufacturing sector grew well. Including the tourism sector in the first 4 months of the year, the number of tourists increased to 6.7 million, surpassing the full year of 2022, causing the Japanese stock market index to rise to a record in 33 years. Encouraged by global investors such as Warren Buffett, Berkshire Hathaway has continued to increase its stake in the Japanese stock market. Causing the market to turn to search for more interest in the Japanese stock market
Finally, the Vietnamese stock market, the economic situation began to improve in a good way. Real estate sector problems are handled by the public and private sectors. Therefore, it is another market that investors should not overlook.
“In the past, investors have faced a lot of bad situations. We believe that the rain began to subside. The storm is passing investment opportunity in 'Cheap good stocks' are about to revive. And this may be a golden opportunity that will change the lives of many investors, ”said Trawut .-Thai News Agency.
Source: Thai News Agency