SUPRATRADE 3 Euro Zone Export Stocks to Buy at the Bottom 0906101150

Description:

(AIXG, NTZ, PHG)
http://suprastock.blogspot.com/2010/06/3-euro-zone-export-stocks-to-buy-at.html

he euro fell against the U.S. dollar yesterday, pushing it back down close to a four-year low against the greenback. Sovereign debt woes were the old news behind past trends, and Thursday’s declines were driven by upbeat U.S. economic reports and optimism over tomorrow’s unemployment data contrasted with some lackluster euro zone data.

Europe is not a friendly place for stocks right now â€" and we’re not just talking about Greece, which has been grabbing all the headlines. Just look at some of these Europe ETFs and their poor performance in 2010 thanks to the debt woes of euro zone nations. All ETF returns are year-to-date from January 1 to Thursday’s close:

iShares MSCI Germany Index ETF (EWG), down -13.5%
iShares MSCI Italy Index ETF (EWI), down -26.5%
iShares MSCI Spain Index ETF (EWP), down -31.5%
iShares MSCI France Index ETF (EWQ), down -19.2%
After those steep declines, however, it’s worth noting that there are actually some big opportunities presented by the current trouble in the euro zone. If you can find a company that is one the way up, then you can buy in at great valuations.

Most Viewed Portfolios

View All

Articles

3 Tech Stocks Under $10 Triggering Breakout Trades

09.19.14 | 08:21 AM

DELAFIELD, Wis. (Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percen...

Dividend Preview: 5 Dividend Stocks Ready to Pay You More

09.19.14 | 09:07 AM

BALTIMORE (Stockpickr) -- Don't get fooled by the flash of new all-time highs in the big stock indices; if you're not buying dividend names, you're...

More Articles
blog comments powered by Disqus
brokerage partners
connect with Stockpickr
Fan us on FaceBook
Follow us on Twitter