It’s always good to take some profits after such a huge up day, so sell one-half of your remaining options in CTSH (you’ve already booked profits of 100%). Hold onto the stock and the rest of your options, though. Remember, our short-term target on this stock is around $75. Move your stop to $60.75.
I hope you enjoyed your first issue of my new e-newsletter, The Global Guru, which you should have received Tuesday. I’ll have another issue for you tomorrow. For more insights on CTSH and how to profit from the outsourcing megatrend, go to www.TheGlobalGuru.com and check out my new Global Guru Blog.
With all the headlines focusing on investment opportunities in Asia, you would think Indonesia would attract more attention than it does. After all, with a population of more than 240 million (#4 in the world) and its economy expanding at a rate of 5.8% this year, Indonesia is both a faster grower and larger market than stock market superstars Brazil and Russia. And because of its relative wealth, the size of Indonesia's middle class rivals that of higher-profile markets like China and India. Bu
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