"Our latest global play is on the strongest-performing stock market of 2010 among the roaring BRIC economies: India," says Nicholas Vardy.

The editor of Global Bull Market Alert explains, "We recommend the country's leading private bank, ICICI Bank Ltd. (IBN). I think the stock will be a moneymaker for you over the next few weeks.

"First, while the Indian market as a whole has risen sharply during September's bull run, Indian banks are the "secret" behind this roaring bull market.

Continue reading ICICI Bank (IBN): Global Expert Banks on India

ICICI Bank (IBN): Global Expert Banks on India originally appeared on BloggingStocks on Tue, 05 Oct 2010 13:00:00 EST. Please see our terms for use of feeds.

"Given the stock market setback, the time to buy has come. So what is a global investor to do now? Where in the world do we go?" asks Vivian Lewis.

The editor of Global Investing reviews five global investment ideas: Mexico's Cemex (CX), Canada's Cameco (CCJ), Greece's Coca Cola Hellenic (CCH), Israel's Teva Pharmaceutcial (TEVA), and India's ICICI Bank (IBN).

"I think this May correction has been the result of insane blind total panic in the wake of the still unexplained flash crash. Logically nothing explains the sell-off -- nada, nichevo, nichts, rien. To imagine that Greece is going to pull down Britain, Germany and France is simply ridiculous.

Continue reading Five Global Favorites: 'Time to Buy'

Five Global Favorites: 'Time to Buy' originally appeared on BloggingStocks on Thu, 27 May 2010 12:40:00 EST. Please see our terms for use of feeds.

This is the third screening to find value among Fortune's 25 corporate world leaders that have demonstrated an ability to regenerate themselves from within. The list has been cut to 18 and will be cut further here.

The methodology of using basic stock data points to identify potential value investments only sets the stage for success -- it assures nothing. While it is true that paying less is better than paying more and getting a higher yield is better than less, this gives you a scant picture of what is in people's hearts and minds, and that is harder to judge. Like the weather, no matter the predictions, you may not find out it is raining until you are standing in it. Regardless, it should be advantageous to start with good stock (pun intended) before you take to whittlin', and that we have.

Continue reading Serious Money: Fortune's 25 leaders, 18 remain

Serious Money: Fortune's 25 leaders, 18 remain originally appeared on BloggingStocks on Wed, 02 Dec 2009 13:40:00 EST. Please see our terms for use of feeds.

ICICI Bank (NYSE: IBN), India's second largest bank, closed at $20.99. India is currently holding general elections -- the largest democratic election in the world -- to the 15th Lok Sabha. The results will be announced on May 16, 2009. IBN June option implied volatility of 85 is below its 26-week average of 95, according to Track Data, suggesting decreasing price movement.

Infosys (NASDAQ: INFY), a technology services firm based in India, closed at $30.36. INFY June option implied volatility is at 47, July is at 50; below its 26-week average of 61, according to Track Data, suggesting decreasing price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: ICICI Bank volatility low into results of Indian general elections originally appeared on BloggingStocks on Thu, 14 May 2009 08:00:00 EST. Please see our terms for use of feeds.

ICICI Bank (NYSE: IBN) India's second largest bank IBN, closed at $13.29. India will hold general elections to the 15th Lok Sabha in 5 phases on April 16, April 22, April 23, April 30, May 7 and May 13, 2009. The results of the election will be announced in single phase on May 16, 2009. IBN May call option implied volatility is at 118, puts are at 94. IBN average option implied volatility over the last 26-weeks is 98, according to Track Data.

Infosys (NASDAQ: INFY) is scheduled to report Q4 results on April 15. INFY, a technology services firm based in India, closed at $26.63. INFY April option implied volatility is at 70, May is at 65; near its 26-week average of 67, according to Track Data, suggesting non-directional price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: ICICI Bank call volatility at 118 into Indian general elections originally appeared on BloggingStocks on Wed, 01 Apr 2009 09:00:00 EST. Please see our terms for use of feeds.

ICICI Bank (NYSE: IBN), India's second largest bank IBN, closed at $13.21 Wednesday. IBN December option implied volatility of 143 is above its 26-week average of 82 according to Track Data, suggesting larger price fluctuations.

Infosys (NASDAQ: INFY), a technology services firm based in India, closed at $24.31 Wednesday. INFY December option implied volatility of 91 is above its 26-week average of 59 according to Track Data, suggesting larger price movement.

Satyam Computer Services (NYSE: SAY), a technology solution provider based in India, closed at $12.62 Wednesday. SAY over all option implied volatility of 85 is above its 26-week average of 76 according to Track Data, suggesting larger price fluctuations.

Wipro Ltd (NYSE: WIT), a technology services company based in India, closed at $7.47 Wednesday. WIT over all option implied volatility of 83 is above its 26-week average of 71 according to Track Data, suggesting larger price movement.

The Sensex rose 0.7 percent to 9,092.72 at the close in Mumbai India, the highest in almost two weeks.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: Volatility elevated for India-based companies; IBN, SAY, INFY, WIT originally appeared on BloggingStocks on Fri, 28 Nov 2008 08:48:00 EST. Please see our terms for use of feeds.

Hewlett-Packard (NYSE: HPQ) is recently trading at $32.25 in pre-open trading, above its close of $29.34 Monday. HPQ reported Q4 net revenue up 19%, or $5.3 billion, from a year ago. HPQ December option implied volatility of 74 is above its 26-week average of 41 according to Track Data, suggesting larger price movement.

ICICI Bank (NYSE: IBN), India's second largest bank IBN, closed at $15.02 Monday. IBI halved its target for growth in lending to 15% - Bloomberg. The Bombay EX 100 IDX is recently down 3.65%. IBN December option implied volatility of 132 is above its 26-week average of 80 according to Track Data, suggesting larger price fluctuations.

Gap (NYSE: GPS) closed at $10.72 Monday. GPS is scheduled to report Q3 EPS on November 20. Friedman Billings anticipates GPS will set expectations for continued weak margins and heavy promotions. GPS November 10 straddle is priced at $1.50, December 10 is at $2.75. GPS December option implied volatility of 105 is above its 26-week average of 57 according to Track Data, suggesting larger price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: Hewlett-Packard volatility elevated; Q4 earning up 4%; (IBN, GPS) originally appeared on BloggingStocks on Tue, 18 Nov 2008 08:28:00 EST. Please see our terms for use of feeds.

For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.

"My favorite speculation for 2008 is Indian retail banking giant ICICI Bank Ltd. (NYSE: IBN), my top play on India's booming market," says Nick Vardy, editor of The Global Stock Investor.

"With 614 branches and 2,200 ATMs across India, ICICI's doing an impressive job at bringing modern retail banking to India. ICICI has a diverse portfolio of high-quality, high-margin mortgage, consumer and auto loans. And it is busy adding new financial products such as life and general insurance to sell to this customer base.

"ICICI is also turning into a true global bank. The bank already operates in 14 countries through branches, representative offices and subsidiaries. Indeed, you now see ICICI's bank featured as the mortgage lender of choice in personal finance pages in London newspapers.

Continue reading Best Stocks for 2008: Global expert banks on India's ICICI Bank (IBN)

Best Stocks for 2008: Global expert banks on India's ICICI Bank (IBN) originally appeared on BloggingStocks on Fri, 21 Dec 2007 11:45:00 EST. Please see our terms for use of feeds.

China Life Insurance (NYSE: LFC) implied volatility is Elevated as LFC is near a record high. LFC offers products and services, including individual life insurance, accident insurance, and health insurance in China. LFC is recently up $2.97 to $66.21. LFC over all option implied volatility of 46 is above its 26-week average of 39, according to Track Data, suggesting larger price fluctuations.

ICICI Bank (NYSE: IBN) overall implied volatility is Elevated at 47. IBN is India's second largest bank, with total assets of over $79 billion USD as of 3/31/07. IBN over all option implied volatility of 47 is above its 26-week average of 41, according to Track Data, suggesting larger price fluctuations.

Daily options update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Option update: China Life and India's ICICI Bank volatilities Elevated originally appeared on BloggingStocks on Sat, 25 Aug 2007 13:10:00 EST. Please see our terms for use of feeds.

DOW JONES & COMPANY (NYSE: DJ)

Continue reading This week's rumor round-up: Will News Corp pull its offer for Dow Jones?

This week's rumor round-up: Will News Corp pull its offer for Dow Jones? originally appeared on BloggingStocks on Fri, 15 Jun 2007 15:30:00 EST. Please see our terms for use of feeds.

MAJOR PAPERS:

• The Wall Street Journal (subscription required) reported that Microsoft Corp (NASDAQ: MSFT) has been ordered to pay $1.52B to Alcatel-Lucent (NYSE: ALU) for infringing patents on a fundamental technology for digital music.
• According to the Wall Street Journal's "Heard on the Street" column, shares of India's two largest private sector banking companies, Icici Bank Ltd. (NYSE: IBN) and HDFC Bank (NYSE: HDB), have tripled over the past three years. However, some investors are getting cautious on the stocks as India's central bank has taken tougher steps to rein in lending growth and stanch inflation.
• Barron's Online's (subscription required) "Weekday Trader" suggested investing in companies with modest dividend yields, but a strong cash position and business model, such as outsourcing player Paychex, Inc. (NASDAQ: PAYX), fast-food giant McDonald's Corp. (NYSE: MCD) and insurer Prudential Financial, Inc. (NYSE: PRU).

• According to German website Heise Online, Apple Inc (NASDAQ: AAPL) will exhibit at CeBIT, the European version of the CES expo, from March 15 through the 21. Apple will be exhibiting the iPhone, said the site. However, according to German website Computerwoche, Apple has denied that it is participating in CeBIT. (Both links in German)
  
• Business Week's "Inside Wall Street" column mentioned UnitedHealth (NYSE: UNH), Epix (NASDAQ: EPIX) and LJ International (NASDAQ: JADE) positively.
  
• Warren Buffet has stirred up interest in UnitedHealth by reportedly buying one million shares in the company.
• Small biotech Epix, which recently signed a deal with GlaxoSmithKline (NYSE: GSK), could double within a year, believe some experts.
• LJ International, which has already risen from slightly over $4 to over $11 since December, may still have room to rise, according to Albert Lee of Maxim Group, who has a $12 price target on the stock.
• Investor's Business Daily's "New America" column highlighted Spartan Stores (NASDAQ: SPTN), the 10th largest grocery distributor in the U.S., which has seen earnings growth in double and triple digits for nine of the past ten quarters.

Newspaper wrap-up 2-23-07: Apple at CeBIT? originally appeared on BloggingStocks on Fri, 23 Feb 2007 09:45:00 EST. Please see our terms for use of feeds.