PARTIAL BUY
Interest-rate sensitive, so the stock has been dropping. As yields have been rising on the 10 yr governments, you start losing some of the benefit of the dividend yield. This is a very good time to start picking away at this stock.
BUY
He is thinking of buying the stock now. At this level, you're getting a good growth story, especially in Asia because of the big expansion of high-end spirits.
DON'T BUY
The trouble with steel companies right now is going to be what kind of dumping China is going to do in the steel markets. Would prefer companies that produce iron ore.
BUY
His choice in the energy sector is not owning oil companies outright, but to have the infrastructure play behind it. Most of their assets are European or middle east.
WAIT
Usually IPOs tend to be overpriced coming into the market. Be patient, said back and wait awhile.
BUY
Interest-rate sensitive, so the stock has been dropping. Good stock for long-term investors. Dividend increase has been very strong.
BUY
Basically a proxy to global equity markets. Will probably be a move higher because it is starting to see quality of earnings outside of its finance arm.
BUY
Likes what is going on with wireless assets. Latin America side of their business is growing by leaps and bounds. Dividend growth.
PAST TOP PICK
(A Top Pick June 29/06. Up 40.5%.) Continuing to buy. Concrete is their bailiwick and this is important for infrastructure. Based in Mexico, but operate in the US and Europe as well.
PAST TOP PICK
(A Top Pick June 29/06. Up 106%.) Just had a 30% increase in their dividend.
PAST TOP PICK
(A Top Pick June 29/06. Up 25.6%.) Sold off in January because the underlying stocks in that basket were rising to levels that he couldn't justify.
TOP PICK
(Only trades in Germany.) Real estate spin-off from Deutsche Bank. Have not enjoyed a boom in real estate and construction and infrastructure have lagged in Germany. Contrarian play based on an expected housing boom. 3.5% yield. Long-term hold.
TOP PICK
(Not available on North American exchanges.) Bank and insurance companies in Europe. 5.25% dividend yield. PE ratio is about 10 X earnings. Very deep value play.
TOP PICK
A deep value play as the stock has basically been going sideways for the past 4 or 5 years. Same-store sales have been growing. Expects to see their margins rise on their generic products. Very cheap.
COMMENT
Bank in India. Mostly consumer mortgages and loans. Prefers ICICI Bank (IBN-N), which has better margin growth.