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SMFG LATEST HEADLINES
Does Sumitomo Mitsui (SMFG) have what it takes to be a top stock pick for momentum investors? Let's find out.
Sumitomo Mitsui (SMFG) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
The BoJ's shift to a tighter monetary policy should benefit Sumitomo Mitsui's domestic operations. Its recent overseas momentum also bodes well for the outlook.
Jesper Koll of Monex Group says that when it comes to mega banks, there are "only minute differences in the overall strategy."
UNCRY vs. SMFG: Which Stock Is the Better Value Option?
SMFG has faced significant headwinds in the last 12 months with Russian exposure and market manipulation at its investment banking arm Nikko Securities. We believe these issues have been priced in, and on a long-term basis do not pose a major risk.
SMFG vs. UOVEY: Which Stock Is the Better Value Option?
Usually, investors ought to consider investments based on their fundamental resilience and implied upside value, not necessarily because they're cheap stocks to buy for a quick buck. However, it's also true that not every investor has the same goals and directives.
While continuing their measured performance, a few risks have arisen as of late. The most critical is allegations of illegal block trade practices, such as informing clients before trades occurred.