(Market Call Minute.) This would be a Buy for a small percentage of your portfolio.
(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.
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.
India has structural issues. They are struggling with how to control monetary policy. There are overnight inflation rates. Have food inflation. Have multiple challenges from a regulatory and policy standpoint. Not bullish on this in the next 2-3 years.
EGSHARES INDIA INFRASTRUCTURE is a American stock, trading under the symbol INXX-N on the NYSE Arca (INXX). It is usually referred to as AMEX:INXX or INXX-N
In the last year, there was no coverage of EGSHARES INDIA INFRASTRUCTURE published on Stockchase.
EGSHARES INDIA INFRASTRUCTURE was recommended as a Top Pick by on . Read the latest stock experts ratings for EGSHARES INDIA INFRASTRUCTURE.
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In the last year, there was no coverage of EGSHARES INDIA INFRASTRUCTURE published on Stockchase.
On 2019-06-14, EGSHARES INDIA INFRASTRUCTURE (INXX-N) stock closed at a price of $11.36.