Cheap ADRs – Stocks with 5% dividend yield or more !!

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The following 4 ADR stocks look attractive at the current rates.Yields range from 4.99% to 8.66%. These four European stocks have long-term track records and may be a good addition to a diversified portfolio. They all trade in the OTC Exchange market.

Note: This yield calculation is based on last years dividends paid with Friday’s closing price (2/8/08).

1. HBOS Plc – UK – HBOOY.pk
Yield = 8.66%

2. Legal & General Plc – UK – LGGNY.pk
Yield = 6.12%

3. Societe Generale – France – SCGLY.pk
Yield = 6.25%

4. Swedebank- Sweden- SWDBY.pk
Yield = 4.99%

For more hi-dividend yield stocks, click here

Do your own due diligence before investing in the above stocks. The information provided is known to be accurate at the time of this post.

India – Will economic growth continue ???

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As discussed in my previous article, the Indian stock market was hot and is cooling off now. It has fallen from over 21K to 17K+ with a 20% decline.

There are already many ways to invest in India.Now ETF Trends reports that two new India ETFs are being launched. An article in seekingalpha also talks about these ETFs.You can read the full article by clicking on the links below. Only time will tell how these ETFs perform considering the local market is shaky there.

Two New India ETFs Should Hit This Month
http://www.etftrends.com/2008/02/special-formula.html

New India ETFs to Utilize Alternative Indexing Strategies
http://seekingalpha.com/article/63619-new-india-etfs-to-utilize-alternative-indexing-strategies?source=feed

Passage to India – India ADR Stocks !!!

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The stock market in India crashed recently. The market called the BSE Sensex (Bombay Stock Exchange) crashed from an all-time high of 21206 to 18,242 on Friday. On Jan 22nd, it fell 9.75% nearly 2000 points at the open. The market was halted for an hour and then reopened to recover some 700 points.

Link on Sensex:
http://finance.yahoo.com/q/bc?s=%5EBSESN&t;=1y&l;=on&z;=m&q;=l&c;=

After making investors happy with returns of 40%,50% in the past few years, the Sensex is now returning back to “normal” levels. The P/E ratio of the Sensex is the highest among emerging markets and the yield is less than 1%. This is pretty low when compared with yields of over 3% in Thailand, Singapore and other Asian countries.

There are many Indian stocks trading as ADRs in the US. A few of them are listed below. As mentioned above due to high volatility and sky high P/E ratios, these stocks may “fluctuate” a lot.So invest after doing some detailed due diligence and tread carefully venturing into the Indian markets.

Indian ADR stocks (IT and other stocks excluded):

1. Dr Reddy’s Laboratories – Pharma – RDY

2. HDFC Bank – Banking – HDB

3. ICICI Bank – Banking – IBN

4. Sterlite Industries – Metals – STI

5. Tata Motors – Cars – TTM

Resource-Rich ETFs !

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Last year commodities and natural resources were the biggest winners.This year it is is possible that this might repeat again due to heavy high demand from developing countries for commodities such as copper,tin,potash etc.

One way to gain some exposure to commodity stocks is to invest in the following ETFs:

1. ishares MSCI Australia Index – EWA
2. ishares MSCI Canada Index – EWC
3. ishares MSCI Chile Index – EWO
4. ishares MSCI Brazil Index – EWZ