Stock price when the opinion was issued
Wishes he had got this a couple of weeks ago, but still feels it has room to go. India has a new president and an aggressive mandate and does not have much in the way of infrastructure and that is what this ETF is playing to. He thinks the new president is going to build out that new infrastructure which they desperately need. This is a longer-term hold.
(Top Pick May 26/14, Down 15.20%) India is a country that needs a lot of infrastructure re-build. If the new government continues to encourage capitalism then this one should do well. He may have been early to this trade.