One of the strategies for success with equity investing is to identify stocks that are under followed by the investment community. These stocks generally tend to fly under the radar but have good growth prospects. The majority of investors tend to follow the herd mentality and go with the most popular stocks or widely held stocks. Investing in lesser known stocks have the added advantage of soaring prices should other investors become aware of such stocks for their potential. For instance, while most people were focused on Amazon(AMZN) on a daily basis, smart investors found their Amazon of Latin America in Mercadolibre Inc (MELI) of Argentina. The stock soared to astonishing levels a few months ago as the company announced strong earnings and growth figures. From $298 in the beginning of the year, MELI shot up to nearly $622 earlier this year.
In order to identify and research into such not-so-popular but excellent names for growth and/or income. I have listed 10 foreign stocks with their current yields:
1.Company: LyondellBasell Industries N.V. (LYB)
Sector: Speciality Chemicals
Country: UK
2.Company: Novozymes A/S (NVZMY)
Sector: Biotech
Country: Denmark
3.Company: Bancolombia SA . (CIB)
Sector: Banking
Country: Colombia
4.Company: Cemex(CX)
Sector: Cement
Country: Mexico
5.Company: Credicorp Ltd (BAP)
Sector: Banking
Country: Peru
6.Company: Air Liquide (AIQUY)
Sector: Chemicals
Country: France
7.Company: Fomento Economico Mexicano SAB de CV (FMX)
Sector: Beverages
Country: Mexico
8.Company: National Grid PLC (NGG)
Sector: Multi-utility
Country: UK
9.Company: Henkel AG & Co KGaA (HENKY)
Sector: Household Products
Country: Germany
10.Company: Fortum(FORTY)
Sector: Utility
Country: Finland
Disclosure: No Positions
Sorry..no yields showing!