The New Ireland Fund, Inc. (AMEX:IRL)

CAPS Rating: 3 out of 5

A Closed-end fund that has incorporated stocks from Irish Firms.

Recs

0
Player Avatar Dobbes (< 20) Submitted: 7/6/2010 2:39:19 PM : Outperform Start Price: $5.95 IRL Score: -6.38

Bullish on Ireland. Unfortunately, there are not many investment vehicles to express that view with. I anticipate continued Euro weakness. There is talk the ECB will not reign in any liquidity until at least the new year, keeping Euros lower for the time being. Ireland gets 50% of its GDP from exports, and should benefit from the currency tailwind nicely.

Report this Post Reply

Featured Broker Partners


Advertisement