Two Brazilian steel making companies are already up 25% so far this year.With the first full trading week over, I was researching for the top performing ADRs. The two steel companies kinda stood out because of the rise in stock prices. Commodity prices have fallen tremendously in the past few months and steel was no …
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The following table lists eight Consumer Staples ADR stocks. These picks are components of the S&P ADR Index which “is made up of those companies from the S&P 700 that offer either Level II or Level III American Depository Receipts (ADRs), global shares, or ordinary shares in the case of Canadian equities.” [TABLE=133]
Four utility companies from UK trade on the US exchanges. Three of them are listed below with their current yields. 1.National Grid Plc (NGG) Dividend Yield: 3.56% 2. Scottish and Southern Energy Inc (OTC: SSEZY) Dividend Yield: 8.10% 3.United Utilities Group plc (OTC :UUGRY) Dividend Yield: 3.40%
In 2008, while the S&P; 500 was down 38.49%, utilities dropped 31.55%. Usually utilities hold up well in a bear market as they are considered defensive plays. However in current times utilities are also getting killed since they have high capital expenditures, engage in energy trading activities, etc. So in a way they are defensive …
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Calgary-based TransAlta Corp. is an electric utility with operations in the western part of Canada. The company generates power using coal, hydro, gas, geothermal and wind. About 70% of power generated is sold under government mandated long-term contracts. From their corporate site “TransAlta has been in the power business for almost 100 years – our …
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