Only Five Stocks Pass Graham & Dodd Screen In Taiwan

Following on from there deep value report on the Japanese and US equity markets (see: Deep Value Graham & Dodd Opportunities In Japan and Only Eight U.S. Companies Pass Jefferies’ Graham & Dodd Screener) analysts at Jefferies have now applied their deep value screen to the equity market in Taiwan .

Why Taiwan? Well, Jefferies notes that many investors have overlooked the region recently, despite favorable economic factors. Taiwan has a competitive economy, a tight labor market, sensible fiscal policy and a booming trade surplus. Interestingly, Jefferies’ analysts have also picked out the fact that the region's equity market have a low turnover to market cap, highlighting a low level of speculation.

So, as a whole, Taiwan is an interesting...