Buckle your seatbelts. We’re focusing on the countries with the more unstable political and economic environments, but offer potentially bigger returns; The Emerging Markets.
Tim Seymour joins the guys for this conversation, which covers Mexico, China, India, Russia and Brazil – he says all these economies are priced for growth.
Country: China
Tourist Tip: World’s 4th largest economy
ETFs:iShares FTSE/Xinhua China 25 Index (FXI),
PowerShares Gld Drg Haltr USX China (PGJ), iShares MSCI Hong Kong Index Fund (EWH)
Stocks You Can Buy: PetroChina (PTR), China Mobile (CHL), China Life (LFC), Baidu.com (BIDU)
Pete Najarian says China is a growth story. He likes Baidu.com explaining it’s the Google of Asia.
Eric Bolling adds all companies supplying China will benefit. And he says the country has 50% savings rate so the country has plenty of liquidity.
Country: India
Tourist Tip: Information Technology has helped India's economy grow about 6% a year since 1990.
Stocks You Can Buy:Infosys (INFY), Tata Motors ( TTM), Wipro (WIT), ICICI Bank Ltd. (IBN)
Guy Adami says playing Inida is playing information technology.
Tim Seymour adds India is a fantastic demographic growth story, but he thinks there are better places to find the same type of growth.
Country: Russia
Tourist Tip: World’s largest country and energy exporter
ETFs: Templeton Russia & East European Fund (TRF), Market Vector Russia ETF Trust (RSX)
Stocks You Can Buy: Mechel: (MTL), Vimpelcom (VIP), Mobile Telesystems (MTB)
Tim Seymour says the resource companies in Russia are still very cheap.
Eric Bolling adds he loves the energy names such as Lukoil, Rosneft and Gazprom.
Country: Brazil
Tourist Tip: Largest economy in South America
ETFs: iShares MSCI Brazil Index (EWZ)
Stocks You Can Buy: Petrobras (PZE), C.V.R.D. (RIO), Banco Bradesco (BBD), AmBev (ABV)
Eric Bolling loves the energy names in this country too.
Tim Seymour prefers consumer plays in this nation, as well as banks.
Country: Mexico
Tourist Tip: Mexico is the US’s #3 trade partner
ETFs:iShares MSCI Mexico Index (EWW)
Stocks You Can Buy: America Movil (AMX); Cemex (CX); Grupo Televisa (TV); Telefonos de Mexico (TMX)
Both Jeff Macke and Tim Seymour like investing in Mexico – however Tim warns investors to keep an eye on Mexico’s politics.
Dyaln asks the guys which of these nations they most prefer.
Eric Bolling, Pete Najarian and Jeff Macke like China, Guy Adami prefers Russia.
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Trader disclosure: On June 19 2007, the day this episdoe was taped, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders:
Najarian Owns (BMY); Bolling Owns (ICE), (NMX), Gold: GE Is The Parent Company Of CNBC
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