Despite the recovery in global equity markets last year, some of the foreign companies with solid models are still trading at attractive levels. Investors with a long-term horizon can add a few of these stocks selectively in phases to their portfolios for price appreciation. The following ADRs closed at under $10 as of market close on January 4, 2011:
1. Aegon (AEG)
Current Price: $6.26
Current Dividend Yield: No regular dividends paid
Sector: Life Insurance
Country: The Netherlands
2. Transportadora de Gas del Sur (TGS)
Current Price: $5.71
Current Dividend Yield: 0.86%
Sector: Natural gas distributor and producer
Country: Argentina
3. Telecom Corporation of New Zealand (NZT)
Current Price: $8.25
Current Dividend Yield: 7.36%
Sector: Telecom
Country: New Zealand
4. Torm A/S (TRMD)
Current Price: $7.14
Current Dividend Yield: No regular dividends paid
Sector: Water transportation
Country: Denmark
5. Sappi (SPP)
Current Price: $5.19
Current Dividend Yield: No regular dividends paid
Sector: Forestry & Paper
Country: South Africa
Disclosure: Long TRMD
