Richard Croft iShares MSCI Russia Capped ETF ERUS-N TOP PICK May 26, 2014

This has a little higher yield at about 1.7% and an 8 PE. When you are dealing with a Russian ETF or Russian stocks in general, you don’t get a nice, steady move up and down. He just thinks this is cheap. At 8X PE, something will drive that economy, which will turn it around and cons one of these sharp moves to the upside, in his opinion. Doesn’t think there is much downside risk at this point. Not a long-term hold.