Nicholas Vardy
Powering for Profits in the Philippines
Saddled with a reputation for political violence and fiscal mismanagement, the Philippines is the chronic underachiever of otherwise booming Asia. And worse for investors, its stock market has been a perennial under performer compared with its sexier Asian counterparts. But in 2006, the Philippine stock market is sizzling, with share prices trading near their highest levels in nine years. The benchmark index has risen over 30% since the beginning of the year, making it one of the best performers in Asia. Indeed, global fund managers have raised their weightings in the Philippines to their highest levels since September 1999.
The #1 Play on India’s Booming Stock Market
The emergence of India is one of the most popular global investment themes of the decade. With the Indian economy expanding at 8% per year and earnings at Indian blue chips growing at an average of 30%, it’s no wonder that India’s stock market broke through the 13,000 for the first time ever last week. And this week’s Global Bull Market Alert pick, ICICI Bank (IBN), India’s largest private sector bank, offers the single best way to profit from the explosive growth in India’s booming financial sector.
Enjoying the Ride to Triple-Digit Profits
We are now firmly in the strongest quarter of the year and our Global Bull Market portfolio is turning white hot. We generated quick triple-digit percentage gains in two of our picks just this past week. Hold on to your seats and enjoy the ride. It doesn’t get much better than this.
Explore Huge Profits with the Spanish Conquistadors!
Options in this week’s pick — Spanish conquistador Telefonica — have soared 132% in just 4 days! Sell half your options to lock in these incredible short-terms gains.
Lock in Triple Digit Profits in Our Global Telecom Play
Our holding in emerging markets telecom play Millicom International (MICC) soared 11.33% yesterday on the back of a 58% jump in earnings for Q3 of this year. With the stock up 23% and the options up just under 156% since our recommendation, sell half your options to lock in triple-digit percentage profits.
Profiting with the Spanish Conquistadors
In a recent edition of The Global Guru, I wrote about The New Spanish Conquistadors — Spanish companies that have exploited their historical links by expanding into Spanish and Portugese language markets in Latin America. Like their predecessors in the 16th and 17th century, these new Spanish explorers have looked far beyond their own small domestic market of 40 million to reap rich profits for themselves and their shareholders.