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Emerging-Market Stock Picks
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PowerTrend brief editor Chris Versace on where to invest in today's market.
- Duration 3:14
- Date Mar 30, 2012
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PowerTrend brief editor Chris Versace on where to invest in today's market.
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Now -- it's time now for the pet.
Hundred acres for saying things like what is happening power trend -- and -- -- Robinson -- -- -- for today's equipment.
All right look again that the bank should actually -- some Billings and turn digital what is InterDigital.
Individuals essentially it's a technology company that license -- of patents all sorts -- consumer electronic companies and they're sweet spot is three G and four -- technologies switcher.
Being continue continue to be pushed out across the only the -- markets in the case for G by guys like AT&T and Verizon.
But also in the emerging markets to whether it's China India and life.
And -- -- stock but it's it's actually been substantially down over the last year last year when -- today I mean are you saying entry point and well is stuck under pressure like -- -- -- -- -- the -- -- at all well.
Last year what happened under the command of the team -- the but -- -- play hot on the heels of some big -- auctions.
And then in the fall can be said all right we're done we're not to do we don't like any bids so you seen a real cooling off in the stock now.
OK no doubt about it is it close to bottoming out I do think so catalyst going forward for this is inking or more for GL TE licensees share guys like in the data he -- -- -- Samsung.
LG and you take a look at Verizon said -- to -- forgy LT capable devices going forward and and look at Apple's brandywine -- -- LT again so there's a number of things we can look -- to release.
Or the stock while forging is still debatable but that's just laugh and I think you look at company called silent and it's a water play short and what is -- well.
We talked a lot about in the hour -- in the last couple weeks about oil and gas you know scarce resource and take a look at water.
Like just about 1% of water on the planet is fresh water and -- the kind when we drink and we used what are crops and things like that we take a look at.
Global population growth we take a look at pricing in comes in the developing and emerging markets that spurred incremental demand for clean water and -- we look at the US infrastructure that is very dated.
And factory here in new York New York City one in every six gallons waters lost -- the water system -- so there's a huge pushed up.
Saying company you know I had to say I'm looking at any you listen you're looking at kind of these secondary third tier plays -- smaller companies but again.
You're seeing growth opportunity in an obvious of the researchers being gone request when -- on the show back in December you would told me that you.
-- -- -- let's try to and I got a challenge you on this that's our -- and see what the stock has been doing I mean Reed Hastings -- Hayden.
The man is delivering to shareholders right now on the stock is actually at look at the last three months and in his.
Build there but overall Netflix well I'll I I I assume no -- I think the answer there is what's your time horizon my time price history -- So about a year ago -- -- -- negative rating on -- -- sixty.
There are a lot of people that we're still very -- there's lot of upside Smartphone penetration in the like.
Go a year later the thesis is played out on revenues were talking earlier I think Alex Scott I was on with a twelve dollar price target right six to twelve predict -- I -- afford it patient take my time I do think the thesis on next that Netflix will play out.
As a 115 dollar stock which is much bad PR the companies had to -- 115 -- we look at into that.
-- say it's good to have you on the show ensure our power trend brief empowered and profit senator -- for say is thank you for joining me for the -- Earlier --