Pickings Are Slim For U.S.-Listed Foreign Stocks, ADRs
Posted on July 27, 2012 at 18:36 PM EDT
With the broad market back in an uptrend, investors have started the scramble to buy great stocks that are in buying range. For foreign stocks, the pickings remain slim. The 10 names on IBD's Top World Stocks as of Friday's edition -- U.S.-listed American depositary receipts, excluding Canada -- fall into one of two categories. Great chart, some weak fundamentals: Diageo (DEO), Novo Nordisk (NVO), China Mobile (CHL), Cooper Industries (CBE), Genpact