Showing posts with label INP. Show all posts
Showing posts with label INP. Show all posts

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