Summary
- Global X MSCI Greece ETF is upgraded to a buy, driven by robust economic recovery and technical breakout signals.
- GREK sports a low 9.1x P/E, 7.9% long-term EPS growth, and a 3.65% yield, supporting a reasonable 1.15x PEG ratio.
- The fund’s concentrated portfolio, …
Summary
- Global X MSCI Greece ETF is upgraded to a buy, driven by robust economic recovery and technical breakout signals.
- GREK sports a low 9.1x P/E, 7.9% long-term EPS growth, and a 3.65% yield, supporting a reasonable 1.15x PEG ratio.
- The fund’s concentrated portfolio, high financials exposure, and strong momentum underpin the bullish outlook into 2026.
- Technical analysis targets GREK at $95, with support at $60–$62 and a rising 200-day moving average.
Tuul & Bruno Morandi/DigitalVision via Getty Images
The Greek stock market is the second-best performer so far this year. Second to the iShares MSCI South Korea ETF (EWY), the Global X MSCI Greece ETF (GREK) is
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