Showing posts with label IFN. Show all posts
Showing posts with label IFN. Show all posts

Wednesday, September 24, 2014

The Largest Democracy in the World is Not the United States: You Should Consider Investing in this Country

Did you know that the United States is not the largest democracy in the world, based on population? Do you know what country is it? India is a democracy that has roughly four times the population of the US.

India has a new pro-business Prime Minister. Narendra Modi is hoping to increase foreign investment in the country by cutting back on over-regulation and bureaucracy. This could be a strong catalyst for growth in India.

One way to invest in India is through the India Fund (IFN). If you are looking for individual stocks, there are over a dozen Indian stocks that trade in the United States, according to WallStreetNewsNetwork.com.

Infosys Ltd. (INFY) is a business and technology consulting company, which has a trailing price to earnings ratio of 19 and a forward price to earnings ratio of 16. Earnings for the latest quarter were up 15% on a 7% rise in revenues. The company pays a yield of 2.3%.

ICICI Bank (IBN) is one of the major banking institutions in India. It trades at 16.4 times trailing earnings and 13.2 times forward earnings. Quarterly earnings were up 3% on an 8% increase in revenues. The stock has a yield of 1.5%.

Other India stocks that pay dividends include Sesa Sterlite Ltd. (SSLT) and 1.0% and Wipro Ltd. (WIT) at 1.4%

Since India is now an extremely influential country in the region and hundreds of millions of its people are moving into the middle class, India deserves a close look as a place for investment opportunities. A resource for finding these opportunities is available through the free list of Indian stocks, which includes information on the PE ratio, the forward PE, the PEG, and the yield, at WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Tuesday, August 28, 2012

India Stocks with Dividends

Did you know that India is the second largest country in the world by population? Did you know that India has the third highest Gross Domestic Product by purchasing power parity of all countries? Did you know that India's annual GDP growth rate is 6.1%? Did you know the country has the second largest workforce in the world? Did you know it has the world's fastest-growing telecommunications industry? Did you know that India has seven of the top 15 information technology outsourcing companies in the world?

With all these advantages, maybe India stocks deserve a closer look. According to WallStreetNewsNetwork.com, there are over a dozen India stocks that trade in the United States, with more than half a dozen paying dividends. The companies include a whole gamut of industries, plus exchange traded funds, such as WisdomTree India Earnings (EPI) and iPath MSCI India Index (INP), along with closed end funds including India Fund, Inc. (IFN) and Morgan Stanley India Investment Fund (IIF).

In regards to industrial companies, Infosys Technologies (INFY) is a $24.6 billion market cap outsourcing company, which is also involved in engineering, consulting, and tech services. The stock trades at 14.3 times earnings and yields 1.8%. Earnings for the latest quarter were up 8.3% on a 4.8$ revenue increase. This debt free company has $3.7 billion in cash.

Tata Motors Ltd. (TTM), the world's eighteenth-largest motor vehicle manufacturing company, fourth-largest truck manufacturer and second-largest bus manufacturer, has a price to earnings ratio of 5.6, and pays a dividend rate of 1.6%. Earnings for the latest quarter were up a healthy 12.3%, with a 29.3% rise in sales.

To see a free list of all the India stocks that trade in the US, go to WallStreetNewsNetwork.com, where it can be downloaded, sorted, and updated.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Photo courtesy of David Castor.

Thursday, September 09, 2010

The Surprise Global Leader - Time to Trade or Fade?

Guest Article

It’s hard to ignore the media coverage on global markets these days – I find myself avoiding CNBC during market hours more and more just to keep my focus where it needs to be. Across all major news sources we’ve heard a lot in the last year, the Dubai Debt Crisis, European Debt Debacle (P.I.I.G.S), fear of a U.S. double dip and more, but many investors missed the stealth success of an emerging BRIC (Brazil, Russia, India, China) country. Despite tepid performance across the BRIC countries in recent months India has persistently remained strong over the last 24 months and just this week hit 31 month highs.

Let’s delve into this surprising trend and determine if you should be chasing or fading this emerging powerhouse. I like to look at India based on three different time frames using three different technical based systems – this is the strategy that I use in the ETFTRADR portfolios each day. I call it a 3X3 strategy where I constantly monitor three time frames and three time-frame-unique systems, which provides diversity on indicators and periods. If you are interested in learning more about strategies we use I recommend joining Freemium TRADR, it's the easieast way to become a rockstar ETF TRADR. We’ll use the Wisdom Tree India ETF (EPI) since it has far better liquidity than other India ETFs (INP, IFN). In the last two years EPI has gained more than 20% outpacing the BRIC Index (BKF) and the S&P500 (SPY) significantly.

Let’s start with the bird’s eye view and weekly charts. The INVESTR system, which uses William’s % R, moving averages and Parabolics, has been extremely effective in 2010. The trend based system does show extreme strength, however, is it too strong to chase now? In my view, it’s not a good time to enter based on weekly charts – traders do not want to fight the current on EPI, but rather look for lower risk entries. Take a look at the chart below; I’ve highlighted several different entry points based on this type of bull retest. I look at 80 or 50 level retest to provide advantageous entry prices. The key is marking the retest bar’s low as your stop. To continue reading, click HERE.

By Andrew Hart – ETFTRADR