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Scott Snyder says global markets still have plenty of upside potential.
The portfolio manager for the 5-star-rated ICON International Funds says too many investors are getting "overly emotional" and looking "month by month."
"We take a quantitative, 'non-emotional' approach. We try to latch on to 1- to 2-year industry themes," said Snyder.
Will a dollar bottom derail his globalist strategy? Perhaps eventually -- but it's not a worry yet: "Clearly, the long-term trend is to a stronger dollar...but we're not seeing it yet," he said.
Recommendations:
Snyder likes Brazilian energy firm Petrobras [PBR
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] , Germany-based insurance and financial giant Allianz [AZ
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] and chemical firm K+S, which trades on the Berlin Stock Exchange under the ticker "SDF."
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Disclosures:
Disclosure information was not immediately available for Snyder or for his company.
Data is a real-time snapshot *Data is delayed at least 15 minutes