Larry Berman CFA, CMT, CTA
Mrk Vectr Vietnam E.T.F.
VNM-N
BUY
Jun 09, 2014
Likes the idea, but if you are looking for massive upside, we had massive upside earlier in the year and you will only get 10-12% return over the next 12 months.
Vietnam. Like Korea, it is tightly integrated into supply chains. The country is almost following in China's footsteps, but 10 to 15 years behind. It will likely grow at over 7% for many years to come.
(A Top Pick May 13/19, Down 2%) He felt this would benefit as an alternative supply chain during the US-China trade war. This year, the Vietnamese currency soared 17%. Cheap labour and land there, so this is a good, long-term story.
Likes Thailand and Vietnam for emerging markets plays. However, it's hard to play specific sectors in emerging markets. Best to look at geography and fundamentals to invest in a country wide ETFs.
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Likes the idea, but if you are looking for massive upside, we had massive upside earlier in the year and you will only get 10-12% return over the next 12 months.