Think emerging markets and you probably think China, India, and maybe Brazil. But as those markets mature are there newer markets worth a look?
There are 3 categories of emerging markets explains Tim Seymour. They are:
Overall, I recommend buying the SPDR Emerging Middle East & Africa ETF, says Tim Seymour. It’s an ETF with heavy exposure to the Middle East and Africa.
I like iShares MSCI Taiwan Index and iShares MSCI South Korea Index Fund adds Guy Adami.
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Trader disclosure: On Jan 2, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (INTC), (DIS); Jon Najarian Owns (AGU), (CSIQ), (AMZN), (BG), (DE), (DPTR), (GFI), (GS), (GT), (MON), (MOS), (MRO), (POT), (TSO), (UBS), (VLO), (CME), (GM),(UA); Jon Najarian Is Short (KLAC); Seymour Owns (CSCO), (INTC), (BX); Seygem Asset Management Owns (EWT), (TSM), (X), (PKX)