Nomura thinks diamonds could turn out to be an investor's best friend, as shortfalls for the jewel are ongoing and not likely to end soon with few diamond exploration projects out there. Among stocks, a "refocused" De Beers (AAUKY.PK) and Harry Winston (HWD) - soon to be Dominion Diamond - are initiated at Buy.
Nomura thinks diamonds could turn out to be an investor's best friend, as shortfalls for the...
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