The following is a comment written by a FISCO social reporter for individual investors, Mr. Yuusuke Yuge (Blog: Profitable Stock Information" Nekodanna's Stock Never Ceilings "). At FISCO, we strive to work with individuals who are actively disseminating information to deliver a diverse range of information to investors.

-----------

Written on August 26, 2024 at 12:00.

The result of the US presidential election will undoubtedly have a major impact on the Japanese stock market. On August 23, independent candidate Mr. Kennedy withdrew from the presidential election and declared support for Trump. This makes it clear that it will be a genuine one-on-one battle between Trump and Harris.

I am Yugi Yuge, who writes a stock and cat blog called 'Profitable Stock Information "Nekodanna's Stock Never Ceilings"'.

Will Mr. Trump or Mrs. Harris become the president? Even if we refer to the media reports, we won't know the election results until the very end. Since the media incorporates the expectations of each media company into their articles, it's important not to take the information at face value.

In the 2016 election, when Mr. Trump became president, his opponent Mrs. Hillary was said to be in the lead. However, in the end, Trump, who had hidden supporters, won, and the media, led by the Hillary-favoring CNN, completely misread the public sentiment. Who knows what will happen in this election...

In today's information-overloaded world, it's difficult to obtain truly credible information. However, harnessing social media and overseas news to obtain accurate information is definitely an important skill for individual investors. It's necessary to be cautious, as certain domestic media in Japan tend to have a strong anti-Trump bias due to information from CNN.

If individual investors do not continue to enhance their information literacy, it is inevitable that they will be outperformed by other investors in this information society. And if you are obtaining accurate information, your doubts in investment style will naturally disappear. Now, in the midst of an uncertain market that is expected to continue in the short term, we will select stocks with positive expectations for earnings.

Geniee ＜6562＞, which operates the platform "GenieeSSP" to maximize net advertising revenue, reported good performance in its earnings on August 13. It seems that being certified as a "Verified Partner" of "Amazon Ads Partner Network" has also become a positive factor, and I am watching whether the chart will break through the support level.

Change HD ＜3962＞, which provides IT solutions and supports DX, recently broke through the support level and exceeded the 25-day moving average and 75-day moving average. While the performance is good, the chart has been in a downward trend for a while, so we are closely monitoring whether there is a possibility of a trend reversal and an upward trend.

IG Port ＜3791＞, which has a strong publishing and copyright business in the anime and gaming industry, has been showing positive momentum since the earnings announcement on July 12, and is continuing to set new highs for the year in the high price range. Since there are fans of anime and games all over the world, it is expected that the market size of the industry as a whole will continue to expand in the future.

Creek & River Co., Ltd. ＜4763＞, which specializes in dispatching talent in the video game field, has hit a bottom and is rebounding. The forecast for the fiscal year ending February 2025 is expected to be the highest profit ever, so I would like to keep an eye on the future chart movement.

Next, I am checking Nagao ＜6239＞ as a nuclear power-related stock, based on speculation of the restart of nuclear power plants. Although it is a small cap stock with a market capitalization of less than 10 billion, its performance is expanding. The P/E ratio is undervalued, and the company seems to be actively engaged in share buybacks and dividend increases.

I also want to keep an eye on Suehiro Electric Industry ＜7711＞, which is involved in testing equipment for fusion reactors. When The Nikkei reported that "The government will revise the national strategy to expedite the realization of nuclear fusion power generation, which is the next-generation energy," investors began to show interest in the company.

Well, the story has become a bit long, but on my blog, I introduce "individual stocks and theme stocks that are currently strong". Please take a look if you have time. We look forward to welcoming you with our beloved cat, "Al".

----

Author Name: Yuugentei Tamaki Blog Name: The Cat Master's Stocks Know No Limits

Blog Name: The Cat Master's Stocks Know No Limits