New World Order


As emerging market companies burst on the global scene, what are the best big-cap emerging market plays?

Following are Tim Seymour’s picks.

South Korea: Posco (PKX)
“This is a 60 billion company that’s a major emerging market play.”

Russia: Vimpel-Com (VIP)
”This is a play on consumer growth. And VIP is not just in Eastern Europe, they’re moving into Asia.”

China: China Aluminum (ACH)
A lot of guys are short covering this stock.”
(Pete Najarian and Guy Adami prefer China Mobile as a China play)

Mexico: Cemex (CX)
“It might have sold-off because of a perception they’re connected to US housing but most of their business is with Latin America.”

Brazil: CVRD (RIO)
“It’s a “must” for investors looking for a big cap emerging market play.”


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Trader disclosure: On Dec. 6, 2007, 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), (YHOO); Najarian Owns (AAPL) Options, (GOOG) Options, (YHOO) Options; Seymour Owns (AAPL), (CFC), (F), (INTC), (MBI), (TMA), (XOM); Seygem Asset Management Owns (VIP), (CX)