Japan investors seek auto stocks to beat tech woes


TOKYO, July 23 (Reuters) - Japanese institutional investors are turning to car makers' shares in search of a reliable growth investment to offset their concerns over weaknesses in previously high-flying technology stocks. Investors' confidence towards technology stocks is becoming shaky on growing uncertainty over the sector's busines outlook as well as a batch of negative comments by analysts on the sector. Car makers' shares, however, are cheap, with low price-to-earnings ratios, and ...

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