This 10 August edition of the feature selects 42 stocks whose P/Es are below the Prime Market average, based on a golden cross between their 5-day and 25-day moving averages.
In the Tokyo market that day, the Nikkei 225 rebounded for the first time in 3 sessions, rising sharply from the previous day. On the Prime Market, 916 stocks advanced, 603 declined and 37 were unchanged. The feature highlights stocks whose 5-day and 25-day moving averages have formed a golden cross, covering those with forecast P/Es below the Prime Market average. The selected stocks are viewed as having limited downside potential because of their low P/Es.
Examples of the selected stocks, including ミラースＨＤ, 帝人, マツダ, ホッカンＨＤ, クレセゾン, アステナＨＤ, 川田テク and コーナン, are listed together with their P/E and P/B figures. The article concludes by stating that the information is provided for reference and that readers should make their own final investment decisions.