”Think of CTC Media as the Viacom of Russia,” explains Seymour, a company that’s carving a niche with younger audiences. "And Unlike domestic media companies, Russia’s CTC media isn’t facing the same competition from the internet. That translates into a better ad stream. And that translates into a better bottom line."

And if you’re looking for a few more trades, Seymour suggests looking at Mexico-based Televisa (TV) as well as CETV (CETV), which serves Central Europe, and creating a basket of global media stocks made up of all three names.

And if you’re looking for a few more trades, Seymour suggests looking at Mexico-based Televisa (TV) as well as CETV (CETV), which serves Central Europe, and creating a basket of global media stocks made up of all three names.

For long-term investors Brazil is still attractive. Personally, I think events have presented a buying opportunity in stocks such as Vale (VALE) and Petrobras (PBR). However I wouldn’t necessarily jump in immediately.

For long-term investors Brazil is still attractive. Personally, I think events have presented a buying opportunity in stocks such as Vale (VALE) and Petrobras (PBR). However I wouldn’t necessarily jump in immediately.

Seymour likes Tata Motors (TTM) company for a number of reasons. First, the maker of the world’s least expensive car, they should benefit as more people enter the middle class in the emerging world. Second, Although the company is based in India, Tata cars are sold around the world in nations that include South Africa, Venezuela, Russia, Malaysia, Poland, and Saudi Arabia. Lastly, Seymour also finds their results impressive. For the second quarter Tata profits doubled with the firm easily blowing past Street estimates. At around $12.36 I’d start building a position, says Seymour. It’s a great long-term play on emerging auto growth.