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Stock impact report

EZA- Cheaply Valued, And In Dazzling Form, But Don't Get Complacent [Seeking Alpha]

NASPERS LTD S/ADR (NPSNY) 
Company Research Source: Seeking Alpha
EZA offers high dividend yields and exposure to income-oriented sectors such as materials and financials but suffers from high volatility and significant tracking error of its index. EZA's top holding-Naspers which has a hefty weight of 14%, doesn't necessarily have strong enough ties with South Africa. EZA still remains well positioned for a bounce vs. other EM pockets, particularly in light of its cheap valuations and solid earnings profile. However, the long-term charts also suggest that EZA looks overextended and is approaching a terrain that has previously served as a hindrance on multiple occasions. ismagilov/iStock via Getty Images Solid Alpha It's been well-documented that 2025 has been a relatively good year for emerging markets, with the iShares MSCI Emerging Markets ETF ( EEM ) generating ample returns of 30%, 1.5x more than global stocks. If you This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in a Show less Read more
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