Interested in emerging markets such as the BRIC countries (Brazil, Russia, India, and China)? Because of the high-growth opportunities these countries can offer, as well as their diversification away from US stocks, this class of stocks is popular among some investors.
We ran a screen on US-traded stocks of companies based in the BRIC countries. We screened this list for stocks with current "Overweight" ratings from Barclays Capital, indicating analysts at Barclays expect these stocks to outperform.
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 also believe these stocks will outperform? Use this list as a starting point for your own analysis.
List sorted by ratings date.
1. GOL Linhas A (NYSE:GOL): Operates as a low-cost low-fare airline in Latin America. Market cap of $1.91B. On 11/01/2011, Barclays Capital had an Overweight rating on the stock. This is a risky stock that is significantly more volatile than the overall market (beta = 2.01). The stock is a short squeeze candidate, with a short float at 5.64% (equivalent to 5.48 days of average volume). The stock has lost 54.51% over the last year.
2. TIM Participacoes S.A. (NYSE:TSU): Provides mobile telecommunications services through global system mobile technology to business and individual customers in Brazil. Market cap of $6.93B. On 10/13/2011, Barclays Capital had an Overweight rating on the stock. Offers a good dividend, and appears to have good liquidity to back it up--dividend yield at 4.49%, current ratio at 1.37, and quick ratio at 1.31. The stock has had a good month, gaining 11.52%.
3. Telefonica Brasil, S.A. (NYSE:VIV): Wireless Communications Industry. Market cap of $32.36B. On 10/13/2011, Barclays Capital had an Overweight rating on the stock. The stock has gained 31.4% over the last year.
*Data sourced from Yahoo! Finance, all other data sourced from Finviz.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.