- Malaysia iShares ETF (EWM) offers exposure to Malaysian equities.
- EWM has strong technical momentum and a 100% “Buy” opinion from Barchart.
- The ETF is trading near a new 5-year high and is up 24% over the past 52 weeks.
- Plus, EWM yields a generous dividend paying out nearly 3%.
Author’s Note: Today’s Chart of the Day is a little different because instead of featuring an individual U.S. stock, we are looking at an ETF that gives us foreign exposure. Investing in foreign securities adds market, currency, and sector concentration concerns to your investment risks.
