Now that we know we want a significant portion of our portfolio outside the U.S. to hedge against the coming inflation, it’s time to consider some specific international stocks that offer exceptional opportunities. I recently used StreetAuthority’s… Read More
International Investing
On July 18th, Companhia Vale do Rio Doce (NYSE: VALE) said it was not interested in acquiring more fertilizer companies. The statement was made after a Sao Paulo newspaper reported the Brazilian mining company was considering a $25 billion buyout of the Minnesota-based… Read More
After looking at some of will have a better journey elsewhere. 10. Croatia With its long, beautiful coastline down the Adriatic Sea, tourism accounts for about 20% of the country’s GDP. The slowdown in that industry explains a big portion… Read More
Wal-Mart (NYSE: WMT) opened its first store in India’s northwest Punjab region today. Wal-Mart plans to build 10 to 15 more stores during the next three years. The discount retailer operates 3,685 international stores in 15 countries. Local vendors called Wallahs control 97% of India’s retail trade. To protect their… Read More
Recent hot spots are looking cold. What country will deliver the big gains we’ve seen in other international markets? To answer this question, we devised a proprietary system that considers each country’s GDP forecasts,… Read More
Foreign stocks that trade on U.S. exchanges are outperforming their domestic counterparts. The Bank of New York Mellon Composite ADR Index outperformed the S&P 500 by 7.2 percentage points, +9.9% to +2.7%, for the first six months of 2009. During this same time period,… Read More
U.S. President Barack Obama and Russian President Dmitry Medvedev opened the first day of their Moscow summit Monday by signing a preliminary agreement to reduce their countries’ nuclear arsenals. While many of the summit’s agenda items will be military in nature, a broader outcome of this week’s meeting may be… Read More
The head of the World Bank warned Italian Prime Minister Silvio Berlusconi and leaders of the other G-8 nations that recent steps toward overcoming poverty could be lost without decisive action. Helping poor countries is important because such action has ripple effects throughout… Read More
Living in Canada, I see first-hand the impact of the falling U.S. dollar. From 2002-2007, the Canadian dollar soared uninterrupted over its stateside counterpart. Over that time, it usually cost me less and less to purchase anything in U.S. dollars… whether it be investments or even vacations. Even though I… Read More
China Mobile (NYSE: CHL) is the largest wireless telecommunications provider in China with a roughly 70% market share. The company serves more than 440 million customers with wireless and wireless data services. Catalyst(s): As noted earlier, China’s mobile phone penetration is… Read More