HDB (HDFC BANK LTD)
All Pro Portfolios with HDB

People owning HDB also tend to own:: AAPLBACBBYBGTCSCOCTSHDEO

All Do-It-Yourself Portfolios with HDB
  • News For Selected Stock
  • Related stories on theStreet.com
  • videos related to etf's
  • No videos found
  •  
  • blogs related to etf's
  • No blogs found
  •  

Why I Love This Stock

By:barrons3

Date:07 11 09

"Emerging markets are growing faster than developing markets, and that gap will grow wider," says Gonzalo Pangaro, manager of the T. Rowe Price Emerging Markets Stock Fund (PRMSX). Of course, that didn't help these young economies much in late 2008, when their stocks got especially hard-hit. By then, everyone had thrown in the towel on the "decoupling" of emerging markets like Russia, India, China and Brazil from the more developed world. Pangaro's $3.4 billion no-load fund, which carries a 1.24% expense ratio, is up 40.6% year-to-date, after tumbling 60.5% in 2008. Its trailing three-year loss is 0 .56%, and its five-year average is a very respectable 12.63%. Given the renewed interest in emerging markets and Pangaro's long-term results, particularly in Latin America, this T. Rowe fund looks like a solid choice in sometimes-dicey markets. Despite this year's unexpected surge, Pangaro sees continued strong returns. "It's still an attractive opportunity for long-term investors," says Pangaro. The key for the next few years, he adds, is picking the right emerging markets. His portfolio right now is allocated with 44.6% in Asia, ex-Japan, 29.1% in Latin America and the remainder spread across a variety of regions that include Europe, the U.K. and North America. At 22.5%, his largest Asian exposure is Hong Kong and China, where the government is targeting 8% growth in gross domestic product. While exports are slowing, investments and consumption are growing, helped by a strong government-stimulus package. Pangaro's largest holding is Beijing Enterprises Holdings (392.Hong Kong), a gas utility, expected to grow 20% a year for the foreseeable future as the company connects to new homes. He has 9% of the fund's assets in India, and he especially likes HDFC Bank (HDB), a mortgage lender. Why would anyone want exposure to mortgages anywhere? The situation is very different there than in the U.S., Pangaro explains, because there's "a big housing deficit, mortgage rates are going down, and HDFC is a market leader." The fund manager has Brazil as its second-largest country holding, at 18%, with national oil company Petrobras (PZE) his favorite, because of its "very attractive growth in production." He cites new offshore discoveries that the company's management claims could double their total oil-and-gas production by 2020.

Not yet rated
Rate now:

By:Pro

Date:11 30 -1

Phoenix Fund Rises on Indian Bank, Swiss Stocks
Peter Newell, managing director of Vontobel Asset Management, subadviser to the Phoenix Foreign Opportunities fund, names his favorite emerging market stocks, including India-based HDFC Bank, America Mobile and China Mobile.

Click here to watch the video.

Not yet rated
Rate now:

By:zimn0016

Date:11 08 07

I wanted to have a financial stock away from the US bank. Found this one in India, high growth.

Not yet rated
Rate now:

By:keyzman

Date:10 17 07

Play on india financial markets with exceptional growth past year

Not yet rated
Rate now:

By:rajan

Date:10 16 07

Proxy for India Growth Story

Not yet rated
Rate now:

By:honest

Date:08 17 07

indian bank/not a risk from american financial crisis

Not yet rated
Rate now:

By:mshah25

Date:08 14 07

emerging growth stock from India

Not yet rated
Rate now:

By:stockerblog

Date:08 08 07

P/E of 29.43 and a yield of 0.6%

Not yet rated
Rate now:

By:dhpayne45

Date:07 14 07

growth; stabke in volatile market

Not yet rated
Rate now:

By:birdieman1069

Date:06 15 07

Sound bank in India that has continued to give great returns to their investors over the past few years. I personally believe that India is ready to break open

Not yet rated
Rate now:

Why I Hate This Stock

Comments not available
Add Your Comments  
Stock HDB
Allowed HTML tags: <a><b><i><img>
  Login to post your comments
Short Squeezing the Regional Banks

By Jonas Elmerraji Posted on Dec. 2, 2009 It’s been a tough year for regional banks. While investors mulled over the fate of the big three banks -- Citigroup (C), Ban...

12.02.09 | 12:51 PM
Dividend Stocks for the Week

By Jonas Elmerraji Posted on Dec. 1, 2009 After an earnings season that has brought a significant stream of dividend-increasers, stocks are taking a step back, with jus...

12.01.09 | 13:52 PM
This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Dec. 1, 2009 Bullish and Bearish: Each week, Barron’s publishes bullish and bearish stories on a variety of stocks. We present summaries o...

12.01.09 | 12:23 PM
Cramer's Take on Headline Stocks...

Posted on Dec. 1, 2009 Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about it. The key is to gather as much in...

12.01.09 | 11:45 AM
more articles
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
VTMS - Ads ex Walmart Exc.
12.01.09 | 10:29 AM From author thendfla
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
more forums
today 's lists
Biggest % Losers

Here is the stock list of some of the largest % losers from Dec. 1, 2009. more

Stocks With Unusual Option Activity

Unusually active options can often indicate that a major event in a stock is about to take place, or that unsophisticated investors (using options in lieu of leverage) are ... more

Cramer's Lightning Round

These are the stocks from Jim Cramer's Dec. 1 Lightning Round. We list the stocks on which he is BULLISH and BEARISH.... more