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SPDR S&P China (GXC): Best buy among contrarian ETFs

This post is part of a special report, Global advisors look to China.

"SPDR S&P China (NYSE: GXC) is our favorite ETF among more speculative contrarian ideas," fund expert Mark Salzinger.

In The Investor's ETF Report, he explains, "Worries over China's economic growth in the face of global recession savaged Chinese stocks in 2008; GXC fell 48.8% from admittedly stratospheric valuations. Now, though, GXC trades at a price/earnings ratio of only 10.7.

Continue reading SPDR S&P China (GXC): Best buy among contrarian ETFs

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DJIA-74.9212,454.83
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S&P 500-2.861,317.82

Last updated: May 26, 2012: 10:27 AM

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