Emerging markets may be a buy due to cheap valuations and potential rally

From Investing.com: 2024-10-13 06:00:00

Analysts suggest that emerging markets may be a buy due to cheap valuations and potential rally. With a forward P/E ratio of 11.9, lower than developed markets, these markets are undervalued and attractive from a value perspective. Investor sentiment is negative, which could be a contrarian signal before a turnaround.

Emerging markets have outperformed global indices in recent quarters, indicating a sustained uptrend. China and India are driving optimism with stimulus measures and demographic growth. Global interest rate cuts and supply chain realignment could further benefit these markets. ETFs like Vanguard and WisdomTree offer diversified exposure for investors.



Read more at Investing.com: Are emerging markets finally a buy? By Investing.com