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Turkey ETF (TUR): The Next Brazil?

"Turkey is a country that nearly everybody overlooks -- but probably not much longer," says Jim Powell, editor of Global Changes & Opportunities Report.

The advisor suggests, "The best way for investors to take a position in the country's growth is with the iShares MSCI Turkey Investment Market Index (TUR).

"The ancient nation is rapidly becoming a major Middle Eastern power and an important European power at the same time. And yet, very few investors are paying attention. Those who are stand to make excellent long-term profits as Turkey continues to develop.

Continue reading Turkey ETF (TUR): The Next Brazil?

Oversold bounce due for Emerging Markets (EEM)

"iShares MSCI Emerging Markets (ASE: EEM) is a bet on on a short-term bottom in emerging markets," says international expert Nick Vardy in The Global Bull Market Alert.

"This recommendation is based on the belief that the initiatives of policy makers across the globe will trigger a sustained, short-term bounce between now and the end of the year.

"First, the policy responses to the global economic crisis have been both massive and coordinated. These efforts combined will ease the shortage of dollars that has ravaged emerging markets.

"Second, emerging market equities are as cheap as they have ever been. The benchmark MSCI Emerging Markets index is trading at a P/E in the single digits, down from 18.5 a year ago.

Continue reading Oversold bounce due for Emerging Markets (EEM)

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 11, 2012: 01:13 PM

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