The following video is part of our "Motley Fool Conversations" series, in which senior technology analyst Eric Bleeker and chief technology officer Jeremy Phillips discuss topics across the investing world.
Jim O'Neil, the well regarded economist from Goldman Sachs, has predicted that growth across BRIC and other emerging markets will be five times higher than in the United States this decade. Combined, these countries will create $16 trillion in GDP, a staggering figure that's equal to creating a new economy the size of the U.S. today. Eric Bleeker believes one of the best ways for investors to harness this opportunity is to buy advanced global hardware leaders. While software products like Microsoft's operating system can easily be copied, advanced IT hardware and software and the maintenance revenue that goes along with it can't easily be. That leaves companies like EMC and IBM with a huge opportunity to find global profits while other industries like retail will struggle to find their foothold from country to country. If you're looking to invest in the growth opportunity of the century, Eric says to look no further than some of today's IT leaders.
While Eric feels IT companies are an excellent way to profit form the amazing growth rates in emerging markets, Foolish analysts have created a free report identifying three other great plays to cash in on booming markets in countries like China and Brazil. You can uncover them today in our special free report: "3 Companies Set to Dominate the World." The report won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here. Enjoy, and Fool on!
