I've just returned from the World Money Show, where some 10,000+ investors gathered to learn about global investing. I had a chance to meet with many of the advisors featured at the show, and I have been highlighting some of their favorite investment ideas. To view all of the stocks featured in this special global report, click here.

"As we head into 2007, some of the songs from 2006 will remain the same, chief among them the thirst for large-cap stocks in the established markets of the U.S., Europe, and Japan," says mutual fund and ETF expert Jim Lowell. "Of those three marketplaces, one stands out as not having participated in last year's global rally; Japan.

"Such a perspective isn't shared by any of its Pacific Rim neighbors or emerging market players, all of which have enjoyed nearly nonstop gains for several years in a row, and most of which are trading at recent or historical highs. Overall, that makes Japan interesting from both a valuation and a contrarian perspective."

Here, the editor of The Forbes ETF Advisor reviews his buy-rated Japan exchange-traded funds:

"Japan, the world's second largest economy, continues to recover nicely from its epic recession. It also continues to benefit from its location. The iShares MSCI Japan Index (NYSE:EWJ) covers nearly the entire market capitalization of the Japanese markets, but the ETF correlates most closely with the Nikkei 225 (Japan's equivalent to our S&P 500).

"Its top holdings include stocks such as Toyota Motor (NYSE:TM) and Sony (NYSE:SNE). Blue chips in the land of the rising sun haven't always risen; but I think there time has come.

Continue reading Global gains: Favorite ETFs for a rising sun

Global gains: Favorite ETFs for a rising sun originally appeared on BloggingStocks on Sat, 17 Feb 2007 08:30:00 EST. Please see our terms for use of feeds.