Fast Money's Global Growth Trade
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Created by barrons2
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Date updated:05-07-2008

Is the global growth trade back on after S&P upgraded Brazil’s sovereign debt this week? As we told you on Wednesday, Standard & Poor's Ratings Services raised Brazil's debt rating to investment grade, a key benchmark in the nation's economic transformation that sent domestic stocks soaring. The long-awaited upgrade came two months after Brazil's Central Bank declared that the nation's debt crisis was over because Latin America's largest country had emerged as a net foreign creditor for the first time.

symbol name last price % change open
  • +
  • TSM
    Taiwan Semicond A
  • $10.14
  • +2.22%
  • $9.87

The upgrade suggests to me that global growth remains robust, says Tim Seymour. In EM I especially like tech names such as Taiwan Semiconductor (TSM) and Infosys (INFY).

People owning TSM also tend to own: CNXSTXJNJXOMAAAETALL

TheStreet.com Rating: A+ What is this?

  • +
  • INFY
    Infosys Techn Ads
  • $40.02
  • +1.99%
  • $38.92

The upgrade suggests to me that global growth remains robust, says Tim Seymour. In EM I especially like tech names such as Taiwan Semiconductor (TSM) and Infosys (INFY).

People owning INFY also tend to own: HINDALCOITCSAILTATA TEATCSBRCMCTSH

TheStreet.com Rating: B- What is this?

  • +
  • CETV
    Central Eur Med A
  • $83.47
  • +4.32%
  • $82.03

I’m also bullish on some of the media names such as Central European Media Enterprises (CETV), CTC Media (CTCM) and Net Servicos de Comunicacao (NETC).

People owning CETV also tend to own: HDTVMRVLAAPLGOOGBUDCRYPPNK

TheStreet.com Rating: B What is this?

  • +
  • CTCM
    Ctc Media
  • $22.69
  • +2.76%
  • $22.01

I’m also bullish on some of the media names such as Central European Media Enterprises (CETV), CTC Media (CTCM) and Net Servicos de Comunicacao (NETC).

People owning CTCM also tend to own: BAMCHKCHLGILDGOOGGROWPG

TheStreet.com Rating: C- What is this?

  • +
  • NETC
    Net Servico Adr
  • $12.61
  • +1.69%
  • $12.40

I’m also bullish on some of the media names such as Central European Media Enterprises (CETV), CTC Media (CTCM) and Net Servicos de Comunicacao (NETC).

People owning NETC also tend to own: CEALFCBMRNBVXCHTRCOGOCRESY

TheStreet.com Rating: No Rating What is this?

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