The best places in the world to invest

In the Fidelity Insight of the week, Silverstein speaks to Bill Bower, a portfolio manager at the firm. He'd just returned from a visit to Japan, and tells Silverstein that when he invests there, he likes to look at individual stocks. Bower says that he's looking at secular growth ideas in factory automation, as well as more value-based names in the financial sector. He says that he's taken a recent liking to financials in Europe, where he sees opportunities due to earnings growth. In general, when Bower invests internationally, he's more interested in secular ideas than cyclical ones. He's specifically intrigued by China, which he says will transition from a centrally-planned economy to a consumer, and notes that technology and the internet caters to that space.