Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world.

It was a terrific week for most of our Global Stock Investor portfolio with several of our holdings — including steel giant Arcelor Mittal (MT) and global mining play Anglo American (AAUK) — hitting record highs.

As global markets settle, and the wailing of the Cassandras wane, the opportunity for global stocks can’t be any better. Here’s why.

First, the fundamentals of our global megatrends are firmly intact. Second, the Fed’s injection of liquidity into the global financial system will naturally flow to stronger foreign markets that have been outperforming U.S. markets in 2007 — as they have in previous years. Third, as the Fed’s cut in interest rates weakens the U.S. dollar, as an investor in foreign stocks, every downtick in the dollar is an uptick in your global portfolio. Finally, since Q4 tends to be the strongest quarter for global markets, this is the time of the year to bulk up your global holdings.

The bottom line? After some inevitably rocky weeks in October, I expect our Global Stock Investor portfolio to perform very strongly in the coming few months.


Anglo American (AAUK) hit record highs this past week, breaking the $33 barrier for the first time. The stock is our #1 play on the global commodities supercycle and is a BUY.

ABB Ltd. (ABB) garnered yet another order this week, this time to supply four robotic automation lines and 45 robots to Charleston Stamping and Manufacturing located in West Virginia. The project includes engineering, programming, installation, project management and training, with production start-up scheduled for early 2008. The stock is up a solid 4.94% this past week. ABB is a BUY.

America Movil (AMX) holds the best "Fundamental Rating" among 60 stocks in the red-hot telecom industry group, according to the Investors Business Daily. Earnings rose 56% and 44% during the past two quarters. Annual earnings have climbed steadily, gaining 37% in 2006. Analysts expect a 53% rise this year. The company’s cash flow, margins and return on equity all show healthy levels. AMX is a BUY.

Exclusive  The Difference Between REITs and Direct Real Estate Investing

iShares MSCI Swedish Index ETF (EWD) is benefiting from its own "Reagan Revolution." Economic growth remains robust and unemployment is down. Prime Minister Reinfeldt said he will continue cutting income taxes in 2008 in an effort to boost the incentive to work in Sweden. Communicating his vision to the public in a country where the Social Democrats have governed Sweden for 65 of the last 75 years is not easy. But the numbers speak for themselves. The Swedish ETF is up 35.84% over the last 12 months. It remains a BUY.

iShares MSCI Brazil Index ETF (EWZ) is up 5.69% this week, as October’s pick got off to a strong start. The Brazilian currency’s appreciation against the dollar — combined with high weightings in the natural resource sector — will ensure that this will be a top performer for our global portfolio.

Currency Shares Japanese Yen Trust (FXY) continues in its defensive role as a hedge against potential market declines. It is a BUY.

ICICI Bank (IBN) soared over 6% this past week, nearing record highs. It announced that it is likely to offer a benchmark-size offshore bond despite shaky market conditions amid worries over U.S. subprime mortgages. ICICI Bank tapped the offshore bond market in January to raise $2 billion in debt — the largest single-currency high-grade bond from Asia since late 2003. "India’s Citibank" is a BUY.

Millicom International (MICC) was rated a "buy" by analysts at Morgan Joseph with a target price of $104. With Millicom’s Ghana operations back on track and price cuts resulting in a rise in subscriber volumes, the company’s margins are expected to improve going forward. Despite Africa being the company’s riskiest market, Millicom International Cellular has achieved notable 2Q07 revenue and EBITDA growth of 46% and 15%. Millicom is a BUY.

Exclusive  Buying REITs in a Roth IRA

Arcelor Mittal (MT) was up 8.30% this week, hitting record highs. Lakshmi Mittal also announced its intention to spend $35 billion expanding capacity with particular emphasis on India. The money would be invested in the next eight years, with about $20 billion going to two steel plants in India. Mittal officials want to build a plant in Russia, where Arcelor Mittal has no production. Mittal confirmed that current credit problems were having no impact on the majority of its customers and said steel industry conditions were very favorable, with the exception of a weak U.S. market. Lehman Brothers also initiated coverage with an overweight. The stock is a BUY.

Tesco (TSCDY) is already a giant in the U.S. retail sector, even before it opens its doors. Investment bank Credit Suisse estimates Tesco might capture $8.2 billion in U.S. sales by 2011 and take 5.6% of the $68 billion in the U.S. markets it enters. You heard it here first. Get in early and BUY Warren Buffett’s favorite.

P.S. Interested in discovering the next sector set to blast off? How about learning the specific shares the experts see as the most profitable in 2008? Attend The World Money Show London and hear from 50+ investment experts as they reveal their profitable strategies and provide their specific stock picks. The World Money Show London is being held Nov. 30 – Dec. 1 at The Queen Elizabeth II Conference Centre. The event will feature 14 panel presentations and leading investment product and service providers. As a bonus, I will be moderating a panel discussion about investment opportunities in India. Call today to register for The World Money Show London at 00 800 1414 8888 (free international phone number) between 10:30 a.m. – 10:30 p.m. (EXCEPT from Oct. 28 – Nov. 4 when the hours will be 9:30 a.m. – 9:30 p.m. because of daylight saving time). Don’t forget to mention priority code #009516. Or visit us on the web.

share on:

Like This Article?
Now Get Our FREE Special Report:
Alternative Investing: Investing in Timber

Stock Investor editor Paul Dykewicz reveals why investing in timber may be one of the best long-term portfolio strategies you'll find today.

Get Access to the Report, 100% FREE

share on:


Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income PRO (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Options Alert
  • Hi-Tech Trader

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • High Velocity Options
  • Intelligence Report
  • Bullseye Stock Trader
  • Eagle Eye Opener

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Stock of the Week
  • Technical Traders Alert
  • Rapid Profits Stock Trader

Used by financial advisors and individual investors all over the world, is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor