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Stocks

Investors betting on SUNRISE stocks

SoftBank, Nintendo, Recruit and Sony form growth-equity quartet

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  © Reuters

TOKYO -- Even amid signs of recovery in the global market, investors are bypassing value stocks usually snapped up in such a climate, turning their eyes instead to so-called SUNRISE stocks -- an approximate acronym of SoftBank GroupNintendoRecruit Holdings and Sony.

The quartet -- the Japanese equivalent of FANG stocks comprising U.S. technology heavyweights Facebook, Amazon.com, Netflix and Google -- have far outpaced the rise in the Nikkei Stock Average since the end of last year, creating a buzz in the market.

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