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Monthly Archives: November 2010

A Great Undervalued Company: Barrick Gold

November 9, 2010
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Over the past two months, most of the stocks we’ve recommended in Cabot Wealth Advisory have gone up. On September 7, in an issue titled “Up, Up and Away, I recommended Netflix (NFLX). It’s up 19%” since then. On September 9, Paul Goodwin, editor of Cabot China & Emerging Markets Report, recommended China New Borun (BORN).  It’s up 53% since then. On September 13, I recommended JinkoSolar (JKS).  It’s up 36% since then. And on September 16, Brendan Coffey, editor of Cabot Green Investor, recommended ReneSola (SOL), which is up 26% since then and American Superconductor (AMSC), which is...

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Taking Stock of Global Stocks

November 8, 2010
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September 30 was the end of the third quarter, and when the quarter clock ticks over, I like to take a look at how markets around the world have performed.  You know, see whether “my guys” (emerging market stocks) beat the developed world or got crushed like one of those toy cars under the feet of Godzilla. I get my data from the MSCI/Barra website, which will (if you know where to look) give you access to the performance of every developed, emerging or frontier stock market index in the world for any period from the previous day to...

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Casinos Bet on Emerging Markets

November 8, 2010
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Next week, I’ll be attending a conference in Las Vegas and while I doubt I’ll do much gambling, many others are flocking to casinos there and abroad as the economy recovers. Just last week, in fact, Las Vegas Sands (LVS) crushed analysts’ estimates for the third quarter. The company reported earnings of 34 cents per share versus three cents a year ago, blowing away forecasts of 23 cents. And Las Vegas Sands’ revenue soared 67% to $1.91 billion, coming in above estimates of $1.8 billion. The growth was largely fueled by solid growth at the company’s Sands’ Macau property...

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Stock Market Analysis Video: Biggest Gains

November 5, 2010
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In this week’s Stock Market Analysis Video, Cabot China & Emerging Markets Report Editor Paul Goodwin says that it’s been a good week in the markets. Paul takes a look at the stocks that had the biggest gains on Thursday, when the market hit its highest level since September 2008. Stocks discussed include Baidu (BIDU), Mexco Energy (MXC), Sunrise Senior Living (SRZ) and Westwood One (WWON). Click here to watch.

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Bancolombia: A Good Long-Term Holding

November 4, 2010
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My stock idea for today is based on the incredible performance of Colombia, the leading emerging market of the past year.  Colombia is enjoying the benefits of kicking out the drug lords and getting back to the business of economic growth. One of the companies that’s enjoying the experience is Bancolombia (CIB), the largest bank in the country.  This is no flash-in-the-pan company.  Earnings growth has been steady, with gains of 39%, 45%, 31% and 24% in the last four quarters and the company’s after-tax profit margin reached 20.8% in Q3. The chart for CIB shows a stock that...

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