China, South Korea and Norway Lead Country Rankings
By Accuvest Global Advisors
Courtesy of Accuvest Global Advisors, here are notes from and a copy of our July Portfolio Notes (right side bar).
- China (#1) possesses the top ranked expected earnings growth (21.7% vs 11.1% Universe Avg.), the top ranked historical sales per share growth (19.4% vs 3.9% Universe Avg.), and the top ranked long term price momentum (+32.5% vs 5.6% Avg.).
- South Korea (#2) shows good value, strong fundamentals and positive momentum. The country stands out with the 2nd ranked price to book ratio (1.07x vs. 1.8x Universe Avg.) and the 4th ranked price to cash earnings Ratio (5.8x vs. 9.9x Universe Avg.).
- Norway (#3)exhibits strong momentum and low risk. The country’s ranking is also supported by an accelerating economy, and a better than average price to cash earnings ratio (8.1x vs 9.9x Universe Avg.).
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