As India's Economy Booms, Bargains Get Harder to Find. 7 Stocks to Consider.
The financial sector is prime hunting ground for names that still offer value. Leading private banks should grow faster than state-owned rivals.
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The financial sector is prime hunting ground for names that still offer value. Leading private banks should grow faster than state-owned rivals.
Water shortages and a fast-growing India are among the developments that will change economies and markets.
Emerging market financial sectors are more consolidated and careful about matching assets to liabilities than the U.S. and Europe.
By Craig Mellow Order Reprints NIO EP9 Courtesy of NIO You think Tesla (ticker: TSLA) stock had a good year? Shares in Elon Musk’s electric-car dynamo jumped a mere 670% during 2020. Chinese competitor Nio (NIO) posted an 11-fold increase. EVs aren’t the only sector where emerging market stars left U.S. names in the dust. Amazon.com’s (AMZN) 75% advance lagged Latin American e-commerce sensation MercadoLibre’s (MELI) 200%. Southeast Asian online marketplace Sea (SE) climbed fourfold. Chinese social-media power Tencent (700: Hong Kong) outperformed Facebook (FB)...