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Fast Money DisclaimerFast Money BiosAbout Fast MoneyRapid RecapFast Money Home
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Oct.23
6:03 PM ET

It seems new taxes on outside investors looking to play Brazil can’t dampen enthusiasm about emerging markets.

New results show that that over $4.9 billion poured into emerging market stocks this week, bringing net inflows to more than $50 billion this year, according to EPFR Global.

And all the BRIC nations were beneficiaries – that’s right China, India, Russia and Brazil.

Earlier in the week Brazil stocks tumbled after the nation slapped a 2 percent tax on financial inflows to discourage hot money investors. But it seems investors have shrugged off the issue – and the possibility that other nation’s may follow Brazil’s lead.

Considering the EEM is up over 60% year to date while the Dow’s up about 13% over the same period – you may want to follow the money into emerging markets.

But how should you game it?

Remember this is a generational trade. We're talking about a middle class that poised to explode, explains Tim Seymour.

There a companies trading today that could be the bellwethers of tomorrow. Embraer [ERJ  Loading...      ()   ] may be the Boeing of tomorrow --  Itau Unibanco Banco
[ITUB  Loading...      ()   ] may be the BofA of tomorrow and Dr. Reddy's Laboratories
[RDY  Loading...      ()   ] may be the Glaxo of tomorrow.

But however you game it, I'd make sure to get country exposure, consumer exposure and exposure to commodities, Seymour concludes.


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Trader disclosure: On Oct. 23th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Finerman's Firm Owns (BKS) Puts, Is Short (BKS); Finerman's Firm Owns (MSFT); Finerman's Firm And Finerman Own (PDE); Finerman's Firm And Finerman Own (RIG); Finerman's Firm Owns (WLP) Calls; Finerman's Firm Is Short (IJR), (MDY), (SPY), (IWM), (USO), (UNG); Finerman's Firm Owns (AET) Calls; Finerman's Firm Owns (UNH) Calls; Finerman's Firm Owns (BCR; Finerman's Firm Owns (STJ); Seymour Owns (FXI); Seymour Owns (EEM); Seymour Is Short (PBR); Grasso Owns (AAPL), (ABK), (ASTM), (BAC), (BGP), (C), (COST), (PRST), (V), (WMT), (FAZ); Terranova Owns (WYNN); Terranova Is Short (AXP), (POT), (OIH), (FCX)

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© 2009 CNBC.com

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