As markets become more globalized and economies become more entwined, it's impossible to ignore the importance of investing in international stocks. Mutual funds, index funds, and ETFs have all combined to make your international choices simpler, quicker, and in many cases, more efficient.
But for many of you, investing in a passive index fund just isn't enough because you're interested in country-specific stocks. You want to invest in companies on the ground -- not in a basket of companies in a mutual fund. Maybe you want direct exposure to Chinese agriculture, Spanish communications, or German banking -- and this is where you'll find it.
In a country-by-country rundown, we're taking a tour across the globe finding out which foreign stocks are traded on major U.S. indices. Hopefully it will get your engine going.
In today's article, we'll be taking a look at five companies whose headquarters are based in Argentina.
|
Company |
Industry |
Market Cap (millions) |
Recent Price |
|---|---|---|---|
|
Banco Macro |
Regional Bank |
$1,690 |
28.00 |
|
Edenor SA |
Electric Utilities |
$323 |
$7.12 |
|
Mercadolibre |
Business Services |
$2,340 |
$50.99 |
|
Nortel Inversora |
Telecom Services |
$1,900* |
$18.10 |
|
Telecom Argentina |
Diversified Telecom |
$3,320 |
$16.41 |
Source: Yahoo! Finance, except Nortel Inversora, which uses Morningstar data. Does not include stocks with a market cap below $100 million.
Do you know anything about any of the companies listed above or have the inside scoop on country-related issues? Head over to CAPS or leave a comment below. If not, check these companies out and let the 165,000-plus Fool community gain from your knowledge!
