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Hoenig likes the Sogo Shosha

|Includes: ITOCY, MARUY, Mitsui & Co., Ltd. ADR (MITSY), SSUMY

Hoenig has spotted quite a few trends in their infancy in the past: gold and Chinese internet stocks come to mind. 

These companies piqued my interest because of Marc Faber's comments on Japanese equities and of how these may perform if Japan's new finance minister weakens the yen. 

'Sogo Shosha' -- Great Promise, Zero Buzz
http://www.smartmoney.com/investing/stocks/sogo-shosha-great-promise-zero-buzz/

Mitsui & Co MITSY; 8031
Sumitomo SSUMF; 8053
Itochu ITOCY; 8001
Marubeni MARUF; 8002


Disclosure: No Positions