BLDRS Asia 50 ADR Index (ETF) (NASDAQ:ADRA)
Exchange Traded Funds
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China is the gorilla in the room and will help pull all the rest up with it.
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What better way to lasso in the profit from the ultra-fast growing asia-pacific markets than to invest in an ETF that, from technical analysis, seemes to track just a hair above the S&P 500 in performance, but seems to mirror it in terms of volatility.
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Fairly well diversified Asia play.
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Tracks 50 prominent Asian companies. My thinking here is profoundly shallow: Over the past 5 years, the S&P 500 is up 65%... ADRA is up 110%. I'm looking at the growth rates of the economies. I can see this continuing....
(Found via CAPS Stock of the Day!)
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A good international play
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