With four of our positions showing double-digit gains, the Global Bull Market Alert portfolio will contribute to your holiday cheer.
The Chinese market is on fire. Most U.S. investors’ money is flowing into the Chinese mega cap stocks like our current Global Bull Market Alert pick, China Life Insurance (LFC). But this week, we focus on one of China’s red hot, newly emerging private companies, Mindray Medical International Limited (MR).
Last week’s Global Bull Market Alert pick, Russia’s Vimpelcom (VIP), soared 12.21% on the back of an upside earnings surprise and continued strong momentum in the global telecom sector. This week’s pick is another red hot mobile phone play, Partner Communications (PTNR), Israel’s leading mobile communications company.
When investors think of Russia, they usually think of oil, gas and natural resources. It is easy to forget that Russia is also a consumer market of 140 million people in an economy with an average growth rate of 7% per year over the past five years. Multinationals like Coke, Pepsi, Procter & Gamble and Mars already consider Russia’s consumer market as one of their most important on the globe.
Our Global Bull Market Alert portfolio has never looked stronger. Seven out of eight of our positions are profitable and five out of eight positions are double-digit percentage gainers. So we dedicate this shortened trading week to money management — taking profits and adjusting our stops. We’ll be running tighter stops than usual and may get stopped out of some picks as the market consolidates its recent gains.
Spanish telecommunications giant Telef³nica SA (TEF) announced yesterday that its third-quarter earnings leapt 84%, on the back of a 37% jump in revenues. The stock is up over 14% since we recommended it two weeks ago (that’s a 512% annualized gain!), and the options are up 219%. Sell half of your remaining options here to lock in these spectacular gains. Hold on to your stock and remaining options, though. Move your stop up to $57.75.