Some of the companies that used to be listed on the NYSE moved to the OTC market in the past few months. They moved their stock to the OTC due to the high regulatory
requirements imposed on them by the SOX law and also the high listing fees ($50K+) by the NYSE.

So these high quality world companies now trade on the OTC market – also known as the Pink Sheets.In this post we will list a few of these ADRs.Some of these foreign stocks
may not have moved to the OTC from NYSE.Instead they may have opted for the OTC market when they first went to the US for raising capital.

The ADRs below are new listing in the OTC for 2008.There are many other stocks that moved to OTC in 2007.We will come back to those in a future post.

1.Benetton Group – BNGPY

Country – Italy
Sector – Personal Goods (Main business is Clothing)
Dividend – $1.25

2.Enel SpA – ENLAY

Country – Italy
Sector – Electricity
Dividend Yield – 4.24%

3.Intesa Sanpaolo – ISNPY

Country – Italy
Sector – Banking
Dividend Yield – 4.13%

4.Marks and Spencer – MAKSY

Country – UK
Sector – Retailing
Dividend Yield – 4.18%

Image – Panama Flag

Panama is a small country formed by the US for the construction of the Panama Canal in 1903.Panama’s country is the US Dollar. Due to the canal, the country is highly important for its strategic location.

There are three ADRs from Panama trading in the NYSE. They are:

1. Banco Latinoamericano de Exportaciones SA
Ticker – BLX
Yield – 4.63 %

2.COPA HOLDINGS S.A.
Ticker – CPA
Yield – 0.71%

3.WILLBROS GRP INC
Ticker – WG
Yield – No dividend paid

Image: Swiss Mountain Lake
Source: www.switzerland-trips.com

Question:
Why does Swiss Cheese have holes in it?
Readers leave your answers in the comments sections.:-)

Now lets talk about stocks specifically stocks from Switzerland that trade as ADRs in the US.

There are 11 Swiss stocks available to invest in US.Five of them trade in the NYSE and the rest in the OTC market. Of all these stocks probably the best stock for the future is ABB.

Swiss ADR stocks trading in the NYSE are:
1. ABB Ltd – ABB
2. UBS Group – UBS
3. Credit Suisse – CS
4. Novartis – NVS
5. Syngenta – SYT

UBS and CS are in the banking/financial services sector. Both of them are down a lot from their 52 week highs due to heavy losses in the subprime mess.For an investor with a long-term view and looking for some exposure to strong financial stocks, these might be good picks. Here are some specific details:

Credit Suisse – CS
Current PPS – $55.49
52 Week Change = -28.72%
Dividend Yield – 2.89%
S&P; Rating – 3 Stars

UBS Group – UBS
Current PPS – $34.80
52 Week Change = -42.39%
Dividend Yield – 4.98%
S&P; Rating – 4 Stars

ABB Ltd – ABB
ABB is in the Infrastructure space.For more details on ABB please checkout our earlier posts titled:
ABB(a) ABB(a) !!!
ABB Q1 2008 Earnings !

Novartis – NVS
NVS is in the pharmaceuticals industry. The stock has held up well in the past year.Probably the best Novartis brand that many folks in the US might know is Gerber, the baby food brand. Gerber makes all kinds of baby related food items.

Current PPS – $51.19
52 Week Change = -11.79%
Dividend Yield – 3.00%
S&P; Rating – 3 Stars

Syngenta – SYT
SYT has been a roll recently due to the global rise in food prices and the heavy demand for agricultural related stocks. For more info. on this issue refer to:
Food and Beverage ADR Stocks !!

Current PPS – $58.96
52 Week Change = 58.20%
Dividend Yield – 1.63%

Swiss ADR stocks trading in the OTC market are:
1. Ciba Specialty Chemicals – CSBHY
2. Zurich Financial Services – ZFSVY
3. Swisscom – SCMWY
4. Swiss Reinsurance – SWCEY
5. SCOR Holding – SCRJY
6. Nestle – NSRGY

Swiss ADR stocks trading in the NASDAQ market are:
1. Logitech International – LOGI

Nestle is one of the top brands in the world and its ADR NSRGY is one great stock. For more details on Nestle checkout:

Nestle ADR Stock Split !!!
Lux, Dairy Milk, Kit Kat & more !!

Zurich Financial, Swiss Reinsurance and SCOR are in the insurance sector.LOGI is in the tech field and SwissCom in the telecom sector.