Nicholas Vardy
GLOBAL OUTSOURCING, NEW JERSEY STYLE
Dell’s announcement today that it is set to double its staff in India to 20,000 over the next three years has focused Wall Street’s attention back on outsourcing, one of the most important megatrends in today’s global economy. Indian-based tech companies are the ones most associated with this trend. Yet you may be surprised that Nasdaq-listed and Teaneck, New Jersey-based Cognizant Technology Solutions Corp. (CTSH) has built one of the world’s most successful IT businesses exclusively on outsourcing to India.
GOL SCORES!
GOL, the Brazilian discount airline we recommended just two days ago, has taken off with the stock up 15%, quickly hitting our initial target price of $30. Sell half your options here for a super-quick gain of 70% in just 48 hours. Adjust your stop price on the stock to $23.30.
SCORE BIG PROFITS WITH GOL
Q: How do you make a quick $500 million?
A REAL TURKISH DELIGHT
The latest buzzword in Global Bull Markets is “BRICs” — an acronym coined by investment bank Goldman Sachs for the big and fast growth economies of Brazil, Russia, India and China. Indeed, our current Bull Market Alert portfolio includes picks from two of these markets — Brazil and China. But there is another Global Bull Market that gets much less attention — yet offers the promise of even greater profits.
MAKING MONEY: EASY AS ABB
When I first met him at a Stanford alumni conference in London in 1996, ABB Ltd.’s Swedish CEO Percy Barnevik was being hailed in the business press as Europe’s answer to GE’s Jack Welch. Indeed, at its height in the 1990s, ABB was a global power and infrastructure giant operating in around 100 countries with well over 100,000 employees. Barnevik, it seemed, could do no wrong.
MAKE A PRETTY PENNY IN PERU
Last week’s commodities recommendation, Rio Tinto, (RTP) is up almost 8%, with the options up almost 77% in just four short trading days. You also made almost 48% on the Gold Fields (GFI) options over the same period.