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Canada's Comeback: ETF Expert Looks North

"The Canadian economy has rebounded from global recession faster than the U.S. economy, owing to its substantial natural-resource reserves, relatively stronger banks and milder and faster-recovering unemployment," says fund expert Mark Salzinger.

The editor of The ETF Report explains, "We are adding iShares MSCI Canada (EWC) to our ETF Foreign Picks speculative grouping this month, and detail that nation's strong economic and market fundamentals below.

"Canada's economy is expected to see faster real GDP growth in 2010 compared to most developed nations, including the U.S., Western Europe and Japan.

Continue reading Canada's Comeback: ETF Expert Looks North

Top Picks 2007: Ivan Martchev fires up the Coal Group

Each year Steven Halpern, editor of TheStockAdvisors.com, surveys the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is part of his 24th annual Top Picks Report.

International Coal Group, Inc. (NYSE: ICO) is the top speculation for 2007 from Ivan Martchev, editor of Vital Resources and contributing editor for Personal Finance.

He explains, "The company came to market through an initial public offering at $11 and shortly thereafter had a high-profile accident at one of its mines that was probably the result of a lightning strike causing a methane explosion. Some bad operational news further pressured the stock, which reached $4 in the fall.

"As a result, International Coal is a lot cheaper based on book value and price-to-sales measures compared to major coal stocks. My interest here stems from the fact that Wilbur Ross -- a man with a proven record -- has a lot of money at stake in the company.

"If Ross can put together a bunch of bankrupt steel producers like Bethlehem Steel and make a go of them - and ultimately sell them very profitably- he'll try to make a go of International Coal. This is a suggestion only for the patient; it may take a couple of years for International Coal to dig out of its current hole (no pun intended). Buy under $6.50."

To see Ivan's top conservative investment for 2007, click here.

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Last updated: February 12, 2012: 02:02 PM

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