Interested in the potential growth prospects of emerging markets? If so, here are some ideas to get started.
We ran a screen on US-traded stocks of companies based in the BRIC countries (Brazil, Russia, India, and China) for those seeing positive sentiment from its insiders - we screened for those with the most significant net insider buying over the last six months.
Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.
We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.
Do you think these names will outperform like insiders expect? Use this list as a starting point for your own analysis.
List sorted by net insider purchases as a percent of share float.
1. Zhongpin, Inc. (HOGS): Engages in the processing and distribution of meat and food products primarily in the People's Republic of China. Market cap of $384.71M. Net insider shares purchased over the last six months at 125.0K, which is 0.48% of the company's 26.10M share float. The stock is a short squeeze candidate, with a short float at 12.51% (equivalent to 12.22 days of average volume). The stock has had a couple of great days, gaining 16.29% over the last week.
2. AsiaInfo-Linkage,Inc. (ASIA): Provides telecommunications software solutions and information technology products and services to telecommunications carriers and other enterprises in the People's Republic of China. Market cap of $579.84M. Net insider shares purchased over the last six months at 124.30K, which is 0.29% of the company's 43.50M share float. The stock is a short squeeze candidate, with a short float at 24.12% (equivalent to 11.79 days of average volume). The stock has lost 58.54% over the last year.
3. CTC Media, Inc (CTCM): Operates as an independent broadcasting company in Russia. Market cap of $1.46B. Net insider shares purchased over the last six months at 138.81K, which is 0.14% of the company's 96.96M share float. This is a risky stock that is significantly more volatile than the overall market (beta = 2.47). The stock has lost 58.2% over the last year.
*Insider data sourced from Yahoo! Finance, all other data sourced from Finviz.