Recs

5

Foreign Stocks You Can Actually Buy: Chile

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 exchange-traded funds 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. indexes. Hopefully it will get your engine going.

Today, we'll take a look at seven companies whose headquarters are in Chile.

Company

Industry

Market Cap (millions)

Recent Price

Banco de Chile (NYSE: BCH  )

Regional bank

$8,560

$62.25

Banco Santander-Chile (NYSE: SAN  )

Regional bank

$12,070

$66.57

Chemical & Mining Co. of Chile (NYSE: SQM  )

Basic materials -- synthetics

$9,260

$35.10

Compania Cervecerias Unidas (NYSE: CCU  )

Consumer goods -- beverages

$2,900

$45.45

Embotelladora Andina (NYSE: AKO-A  )

Consumer goods -- beverages

$2,410

$19.05

LAN Airlines (NYSE: LFL  )

Regional airlines

$6,590

$19.44

Vina Concha y Toro (NYSE: VCO  )

Beverage wholesaler

$1,590

$42.70

Source: Yahoo! Finance.*Does not include stocks with a market cap below $100 million.

Know anything about any of the companies listed above? Have the inside scoop on country-related issues? Head over to Motley Fool CAPS or leave a comment below. If not, check these companies out, and let the community of 165,000-plus Fools gain from your knowledge!

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Jordan DiPietro doesn't own any of the shares above. Embotelladora Andina is a Motley Fool Global Gains selection. The Fool's disclosure policy is nomadic.


Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On June 16, 2010, at 8:01 PM, rd80 wrote:

    CCU is doing ok for me in CAPS. The pitch:

    Stable business (beer, wine and soft drinks)

    Good dividend

    Reasonable valuation

    Operates in a currency that isn't in the news every day.

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Related Tickers

5/25/2012 4:01 PM
LFL $23.97 Up +0.43 +1.83%
Lan Airlines S.A.… CAPS Rating: **
SQM $54.08 Up +0.06 +0.11%
Sociedad Quimica y… CAPS Rating: *****
VCO $35.23 Up +0.43 +1.24%
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