Telekomunikasi Indonesia (ADR) (NYSE:TLK)
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Provider of fixed line telecommunications and a range of other telecommunications services including interconnection, network, data and Internet services and other telecommunications services.
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After trading as high as $43 just 3 months ago, $32.50 seems like a good entry point with the most recent interest-rate hike in Indonesia behind us. Check-out Jim Jubak's (MSN) recent article on emerging markets. This might be a good time to buy as major markets seem to be at a plateau, while Asia and South America have underperformed the last 12 months with more inflation risk than economic softness.
Plus, they're in a growing sector within a growing economy...