Showing posts with label TTM. Show all posts
Showing posts with label TTM. Show all posts

Thursday, July 04, 2013

The Potential of India Stocks

With many countries still in recession and the global economy still showing little sign of recovery, investing in the stock market is causing many people sleepless nights. Fortunes have been lost on the US stock market in the last few years and Wall Street is still very cautious.
Of course there is still a lot of money waiting to be invested - people are looking to diversify their portfolio and American investors are keen start seeing dividends again. There is one region which has suffered due to this economic downturn and that's Asia. And one of the leading Asian economies is India. Although the S&P 500 is up about 18% during the last twelve months, Indian shares have dropped approximately 7%. Maybe it's time for a turnaround.
India's economy has been experiencing unprecedented growth in recent decades and that growth is showing no sign of slowing down any time soon, over a long term time frame.
That economic growth has been accompanied by some spectacularly good performances in India's growing number world class companies and many of these companies are now household names in the West. According to WallStreetNewsNetwork.com, there are over 15 Indian stocks that trade in the United States. ArcelorMittal, Tata, Infosys, Reliance Industries and ICICI Bank are just a handful worth mentioning and there are a lot more which may experience growth stories.
ArcelorMittal (MT), which trades on the New York Stock Exchange, is a major integrated steel and mining company. The stock trades at nine times forward earnings and pays a 6.1% yield. Dividends have been paid quarterly.
The India based Tata Motors Limited (TTM) trades at six times forward earnings and pays a small dividend rate of 0.7%
Infosys Ltd. (INFY) is a business and technology consulting company, which has a forward price to earnings ratio of 13 and a yield of 2.3%.
India is now far more than a developing nation - it is the most influential country in the region and is becoming a key player on the world stage. With hundreds of millions of India's population about to make that important transition into the middle classes there is a rising tide of demand domestically for products and services and this is, in turn driving India's expansion into the global marketplace, including services, technology, and manufacturing.
Coupled with India's rising demand for minerals and metal resources, India has some truly great companies which are showcasing themselves right now. And all of this means one very important thing for American investors right now - investment opportunities. They have solid, safe, secure and stable investment opportunities.
India is currently producing more billionaires than any Western country and these are the guys who are leading these companies. Many of them are by now familiar names on the New York Stock Exchange and NASDAQ, and it is a great time to acquire stock in Indian corporations.
With hindsight, anyone who had invested in even one of India's new stock giants just 20 years ago would be sitting on a very healthy profit by now. Hindsight unfortunately isn't much use in the investment world. Foresight however, is. Anyone who sees the growing opportunities available to invest in Indian based stocks today could be looking back in another decade with a big smile on their face.
For a free list of Indian stocks, go to WallStreetNewsNetwork.com.
Disclosure: Author didn't own any of the above at the time the article was written.










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.

Tuesday, September 20, 2011

The Eye of BRIC: Top India Stocks


Actually, the title of this article should have been the I of BRIC, since I stands for India. The B is Brazil, the R is Russia, and C for China.

India is the most populous democracy in the world and the fourth largest economy in the world is by GDP purchasing power parity. India's automobile industry is the world's second-fastest growing, and it has increased domestic sales by 26% during the 2009 to 2010 time frame. Speaking of cars, did you see the $4.6 million Tata (TTM) Nano automobile? It is covered in gold.

Tata Motors trades at 27 times forward earnings and sports a yield of 2.5%. It has an extremely low price to earnings growth ratio of 0.14. Revenues for the latest quarter were up 24% with flat earnings. Tata also makes and markets utility vehicles, trucks, buses, and defense vehicles. It produces gasoline, electric and hybrid vehicles.

There are several other India stocks that provide dividends. They can be found on the free list of Indian stocks developed by WallStreetNewsNetwork.com. For example, ICICI Bank Ltd. (IBN), the second largest bank in India and the largest private sector bank in India based on market capitalization, yields 1.6% and has a forward price to earnings ratio of 16. Quarterly earnings jumped 16.9% on a revenue gain of 16.8% for the latest quarter.

Wipro Ltd. (WIT) is a semi-conglomerate, which sells software services, computer hardware such as computers, servers, and laptops, and personal care products, and lighting products. It has also invested in renewable energy projects. The stock has a yield of 1.9% and a forward PE of 16. Earnings for the latest quarter were up 1.2%.

To access a free recently updated list of the India stocks that trade in the United States, almost half of which pay dividends, go to WallStreetNewsNetwork.com.

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

By Stockerblog.com

Thursday, January 13, 2011

High Yield Stocks of India

Can you guess what the fourth largest economy in the world is by purchasing power parity? Not the United States, not China. It is India, which also happens to be the second fastest growing major economy in the world. If you think tech is their biggest industry, you would be wrong. IT accounts for only about 1% of the total GDP; however, India ranks second worldwide in farm output. It also has the fourth-largest reserves in the world of coal.

There are plenty of India stocks that US investors can buy and dividends are available on more than half a dozen of the Indian stocks that trade in the United States, according to WallStreetNewsNetwork.com. For example, Tata Motors Ltd. (TTM), a major automobile manufacturer in India also makes and markets utility vehicles, trucks, buses, and defense vehicles. It produces gasoline, electric and hybrid vehicles. The stock pays a yield of 1.1% and trades at only 7.8 times forward earnings. Quarterly revenues grew 36.8% for the quarter ending September 30. The company also has about $3.45 per share in cash.

Another Indian stock that pays a dividend is ICICI Bank Ltd. (IBN), the second largest bank in India and the largest private sector bank in India based on market capitalization. It currently yields 1.1% and has a forward price to earnings ratio of 16. Quarterly earnings jumped 79% on a revenue gain of 13.5% for the quarter ending March 31.

Wipro Ltd. (WIT) is a semi-conglomerate, which sells software services, computer hardware such as computers, servers, and laptops, and personal care products, and lighting products. It has also invested in renewable energy projects. The stock has a yield of 0.8% and a forward PE of 29. Earnings for the quarter ending September 30 were up 9.8%.

To access a free recently updated list of the India stocks that trade in the United States, about half of which pay dividends, go to WallStreetNewsNetwork.com.

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

By Stockerblog.com

Picture courtesy of David Castor.

Monday, November 08, 2010

Top Yielding India Stocks


With President Obama's visit to India, and his backing of India for a permanent seat on the U.N. Security Council, investors' eyes are turning towards investment opportunities in India, one of the BRIC countries [Brazil, Russia, India and China]. To offset some of the risk, dividends are available on more than half a dozen of the Indian stocks that trade in the United States, according to WallStreetNewsNetwork.com. Remember, dividends return your capital faster and can help to reduce volatility.

Tata Motors Ltd. (TTM), a major automobile manufacturer in India also makes and markets utility vehicles, trucks, buses, and defense vehicles. It produces gasoline, electric and hybrid vehicles. The stock pays a yield of 1% and trades at only ten times forward earnings. Quarterly revenues grew 65% for the quarter ending June 30. The company also has about three and a half dollars per share in cash.

Another Indian stock that pays a dividend is ICICI Bank Ltd. (IBN), the second largest bank in India and the largest private sector bank in India based on market capitalization. It currently yields 0.9% and has a forward price to earnings ratio of 20. Quarterly earnings jumped 79% on a revenue gain of 13.5% for the quarter ending March 31.

Wipro Ltd. (WIT) is a semi-conglomerate, which sells software services, computer hardware such as computers, servers, and laptops, and personal care products, and lighting products. It has also invested in renewable energy projects. The stock has a yield of 0.8% and a forward PE of 29.

To access a free list of the India stocks that trade in the United States, about half of which pay dividends, go to WallStreetNewsNetwork.com.

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

By Stockerblog.com

Picture courtesy of David Castor.