Im seriously thinking of buying Italian stocks. They are cheap right now because of the debt crisis, but they still worth being hold. On the long term, they will go up and will provide pretty decent dividend.
Italy is very unlikely to leave the Euro zone. Its a big Euro member and unlike Greece or Spain, they are more stable now, except sometime for their bond market. Once the crisis in Europe is over, their stock, who went down, will go up. If the dept crisis keep on, Germany will have to accept request from the other country and go for a bond Union. IF thing go bad, the ECB might as well print more money, by doing so, they will depreciate the Euro, and make the region competitive again, which in the long term would push The stock market higher.
What do you guys think, would you buy italian stock which are undervalue now.
Italy is very unlikely to leave the Euro zone. Its a big Euro member and unlike Greece or Spain, they are more stable now, except sometime for their bond market. Once the crisis in Europe is over, their stock, who went down, will go up. If the dept crisis keep on, Germany will have to accept request from the other country and go for a bond Union. IF thing go bad, the ECB might as well print more money, by doing so, they will depreciate the Euro, and make the region competitive again, which in the long term would push The stock market higher.
What do you guys think, would you buy italian stock which are undervalue now.
Alternatives are more important than the plan itself