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EFA: The European Debt Problems Look Priced In, Strong Value
iShares MSCI EAFE ETF (EFA) is seen as a strong value play by analysts at Seeking Alpha.
The article notes that the European debt problems are largely priced in, and the ETF offers exposure to a diversified portfolio of European companies.
However, the article cautions that the ETF's performance is subject to currency fluctuations and political risks in Europe.
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