Jon Najarian's WisdomTree Japan Hedged Equity Fund Trade

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On
CNBC's Fast Money
, Jon Najarian presented a bullish idea for the first half of the year. He wants to take a long position in
WisdomTree Japan Hedged Equity FundDXJ
, which lost approximately 15 percent from its early December highs. The stock is a pure Japanese equity play, hedged from currency effects, explained Najarian. It had a great run in October and November when it moved from $45 to $58 and now it is trading at $49. Najarian believes that WisdomTree Japan Hedged Equity Fund is going to make another move to $58 and he wants to make some profits on the move higher.
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Posted In: CNBCLong IdeasFast MoneyMediaTrading IdeasJon Najarian
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