Stockchase Opinions

Mike Philbrick iShares MSCI Saudi Arabia ETF KSA-US PAST TOP PICK Aug 15, 2022

(A Top Pick Oct 01/21, Up 10%) It trades in line with oil prices. The FTSE indices have improved including in emerging markets for Saudi Arabia which has a different economy from others. It is volatile so take a small exposure and remember to re-balance.
N/A

Stock price when the opinion was issued

E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

TOP PICK

This month it will likely be included in MSCI exmerging market indexes. Saudi Arabia is the largest exchange in the Middle East and the seventh-largest exchange with Saudi Aramco coming. There are challenges in Saudi Arabia, namely women's rights, and have a long way to go. But this society could become enlightened and you can capitalize on it.

PAST TOP PICK

(A Top Pick Jun 4/18, Down 2%) It is subject to oil. You want to have economies that produce resources and then compliment them with economies that consume them.

PAST TOP PICK
(A Top Pick Jun 04/18, Up 5%) SA is the 7th-largest stock exchange in emerging markets, and the largest Arab one. This offers diversity and runs on a completely different economic cycle. The Saudi currency is pegged to the USD. It's a unique market that few own.
TOP PICK
Believes we will continue to see inflation and this will come through in the petrol area as well. It has been added in indices as well. It has the ability to attract billions of dollars from index managers. It is different from ME economies and NA economies.
PAST TOP PICK
(A Top Pick Oct 01/21, Down 2%) Priced in USD, which has been strong lately. It's a different way to place oil and gas, and KSA is up slightly this year. Oil and gas is definitely a place to stay in.