Five Japan stocks to buy on recovery hopes

John Paul Temperley, manager of the Martin Currie Japan Alpha fund, reveals five stocks to buy on hopes the Japanese economy has bounced back after the impacts of the quake.

Japan's economy showed signs of a turnaround last week, when it issued its first positive GDP number since the devastating earthquake in March for the third quarter. However, economists did warn over the contagion impact of the eurozone crisis. Temperley has made a 20% shift from defensive names into more economically sensitive areas in recent months, such as technology, machinery, car production, financials and real estate. "Companies are already discounting a worst case scenario in terms of the eurozone crisis, but they are in a much better state than they were post Lehman's," he sa...