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Mobius Sees 40% BRIC Stocks Gain, Buy on Correction
Nov. 18 (Bloomberg) -- Mark Mobius said stocks in Brazil, Russia, India and China are likely to rise by 30 to 40 percent within three to four years as higher economic growth and lower government debt spurs corporate earnings.
Submitted by
tschuma417
11/18/2009
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tschuma417
11/18/2009
tschuma417 is playing it
BIK
Long
13.67%
BKF
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13.49%
EEM
Long
9.27%
EMF
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EWZ
Long
15.78%
FXI
Long
16.62%
INP
Long
6.37%
RSX
Long
7.58%
I am playing this headline with (EEM BKF BIK EMF INP FXI EWZ RSX) The biggest growth areas in emerging markets are in the consumer and commodity industries, with China and Brazil offer among the cheapest stocks worldwide, Mobius said.
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