Top picks 2013: iShares MSCI Mexico Investable ETF
This exchange traded fund focused on Mexico-based stocks, is set to be a top performer in the coming year.
Our favorite stock pick for the year ahead is iShares Mexico Investable Index ETF (EWW). It was a good performer in 2012, gaining 34% and, in our view, this will likely continue in 2013.
Despite the bad public relations, Mexico has quietly been playing catch up. As Latin America's second largest economy, its growth was greater than Brazil's last year and it's poised to outperform again this year.
Higher wages in China have provided a boost to Mexico's manufacturing sector and exports are expected to surge. Other sectors are also picking up, including oil and gas.
Meanwhile, Mexico's stock market has been one of the world's top performers and many have wondered why. Stocks lead and the market is telling us that Mexico will likely be an upcoming emerging market winner, so it's best to get on board.
As such, we rate the iShares Mexico exchange-traded fund as our top investment idea for the coming year.
More from TheStockAdvisors.com
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
As geopolitical tensions threaten to spin out of control, investors are wondering how best to position their portfolios for the global turmoil.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.