Power Play: Bullish on Japan

A pedestrian looks at graphs of the Nikkei 225 Stock Average, top left, and the exchange rate of the yen against the U.S. dollar, top right, outside a securities firm in Tokyo, Jan. 16, 2015.
Kiyoshi Ota | Bloomberg | Getty Images
A pedestrian looks at graphs of the Nikkei 225 Stock Average, top left, and the exchange rate of the yen against the U.S. dollar, top right, outside a securities firm in Tokyo, Jan. 16, 2015.

If you really want to make money in a volatile market, your best bet is Japan.

That's what two big global strategists told "Power Lunch" on Thursday.

John Vail, Chief Global Strategist at Nikko Asset Management, said with all focus on the European Central Bank's bond buying decision, investors are overlooking all the restructuring going on in the land of the rising sun.

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Vail said corporate reforms and increasing dividends are a plus for Japanese stocks.

Also bullish on Japan is Hayes Miller, Head of Multi-Asset North America at Baring Asset Management, who says Japan will benefit from Abenomics.

Japan's Nikkei Index is up about 10% over the past year.

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