I seem to be drawn now to looking at foreign stocks for value
Interesting. Looking at my portfolio, though I didn't intend it this
way, it's 30% foreign (TBR, ELAMF, DESWLF) 40% US (SJP,MSA,PHSYA,SWR)
and 30% multinational (BMC, HYDEA, YUM). Just going where the
value is, and the US is more expensive. I especially can't believe
the discounts that are placed on TBR, ELAMF, and DESWLF compared
to their US-based counterparts.
Anyone want to suggest their single favorite foreign value idea?
Mine's ELAMF for now in terms of potential near and long-term
percentage appreciation, for reasons already described.
Mike |
