The Top Ten Home Run Stocks at Home and Abroad
09/06/2007 12:00 am EST
Experts from Eagle Publishing - Doug Fabian, Mark Skousen and Nicholas Vardy - share their outlooks for the market as well as their top ten investment picks - in the US and around the globe.
Nicholas Vardy thinks it's time for investors to participate in the commodities super-cycle, a phase that began in 1999 and - if history repeats itself - will not play out until 2017. In this arena, he favors the big picture, Australian company, BHP Billiton (BHP), soft commodity business, Potash (POT), and steel giant POSCO (PKX). Vardy also recommended a Brazilian Bank, Unibanco (UBB), as an inexpensive entree into a growing economy.
Doug Fabian said investors need to figure out which sectors dominate their holdings and exactly how much international exposure they have in order to obtain a true picture of their overall asset allocation. He also sounded a cautious note, urging attendees to be careful, and to stay away from real estate and financial investments. Fabian then recommended investing in the things people need: Water, food and energy. With that in mind, he suggested several exchange-traded funds: Claymore S&P Global (CGW), Market Vectors Agribusiness (MOO), and Market Vectors Nuclear Energy (NLR).
In Mark Skousen' s opinion, we have not yet escaped from this credit crisis. He opined that he is in alignment with Steve Forbes, agreeing that gold prices are a good indicator for the markets. Accordingly, he recommends Harmony Gold (HMY), a South African gold play. And he stated that once it is clear that the markets are stabilizing, there are two technology companies in which he is very interested: China Medical Technology (CMED), a diagnostic, non-invasive, anti-cancer business, and Cisco Systems (CSCO), the #1 network routing company.