Stockchase Opinions

Lorne Steinberg Topre Corporation 5975 Tokyo PAST TOP PICK Dec 22, 2020

(A Top Pick Dec 18/19, Down 13%) This got hit like many Japanese stocks this year. It has rallied, but still not back to levels a year ago. It boast solid free cash-flow growth. This will benefit as vaccines roll-out. It's more specialized than, say, Magna. Pays a 2% dividend and boasts solid free cash-flow growth. However the rising Yen will not benefit Topre.

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(A Top Pick April 23/14. Up 108.71%.) One of those Japanese companies that manufacture specialty electrical components. Growing their business internationally. It has become a double-digit earnings grower. Much cheaper today on a PE basis than it was a year ago.

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Analysts' price target: 1,825 Yen A cheap stock trading at 7-8x earnings and pays a 3% dividend yield with rising earnings and revenues. A Japanese grower, leading their industry, and an example of the new shareholder-friendly Japan.