Hot Stock Pick of the Week: Buy this Russian Crisis Trade
Today's Financial News - Posted August 14, 2008
Russian markets are sharply down on the Georgia invasion. This coal and steel company in particular stands to rise when investors return.
by J. Christoph Amberger
As Putin’s tanks rumbled into Georgia, investors pulled their capital from the Russian markets. Russia’s RTS Index is now down 24% for the year. The Micex Index has dropped 25%.
But given the development of Russia’s currency and economic growth, not to mention its resource base and ruthless business plan, it is only a matter of time until investors are back.
And stock prices move back up.
One of the stocks best suited for a crisis speculation is a vertically integrated steel and power producer. It’s quite risky. Its ADR dropped 50% when Russia’s autocrat accused the company of price gauging and evading taxes.
The risk is considerable. But Russia is also flush with cash and building projects. And the Russian winter may start any day now. Both are prime drivers of this company’s core business. I give this stock a 20-25% upside by November.
Hot Stock Confidential readers, please click right through to the website, or check your email and newsfeeds for the pick. If you’re not a subscriber yet, check us out at www.hotstockconfidnetial.com.
To have access to this Special Hot Stock Pick Report, just become a Member of Hot Stock Confidential. Learn more about this exciting new investment research service now!
***Make sure you sign up for our FREE TFN News Feed for breaking news, special reports and new financial videos. Sign up through your favorite reader here. Or, if you prefer, have the feed delivered to your email .
Next Article: DARPA awards NanoSCOUT contract to AeroVironment (AVAV)
Posted by J. Christoph Amberger · Filed Under Featured Video, Hot Stock Pick of the Week, Podcast, Videos
| 
Be the first to leave a reply.
Your comments are welcome
Follow TFN via RSS or Twitter |
 |
 |
 |
Advertisement
Latest Headlines
- The Big Picture for Sinobiopharma, Inc. (SNBP)
- Beazer Homes USA, Inc. (BZH) and Hovnanian Enterprises, Inc. (HOV) up despite horrid housing news
- The FDA catalyst: 2010 moves in MannKind (MNKD), Roche Holding (RHHBY), Acorda Therapeutics (ACOR) show it still works!
- Steepest drop since Feb. 2009: Here we go again!
- Is the silver run over? Coeur d’Alene Mines (CDE), Silver Wheaton (SLW), Alto Group (ALTO), Hecla Mining (HL), Endeavour Silver (EXK) close down