EFA: Rising EPS Estimates Make The Pullback An Opportunity

I reiterate a "Buy" rating on iShares MSCI EAFE ETF due to attractive valuation and technical support after a recent 9.3% pullback. EFA trades at a 16.7x P/E, over 4 turns cheaper than the S&P 500, with a PEG below 1.9x and a 3.31% dividend yield. The portfolio tilts toward developed ex-U.S. large caps, value, and financials, with limited Energy exposure; seasonality trends are bullish into May.