INDA: A Compelling Value After A Big Pullback, Technical Support In Play
INDA: A Compelling Value After A Big Pullback, Technical Support In Play
Trade Tracker: Steve Weiss sells the INDA and SMIN ETFs
Steve Weiss, founder and managing partner at Short Hills Capital Partners, joins CNBC's 'Halftime Report' to explain why he's bearish on India.
INDA: A Buy On Geopolitical & Demographic Considerations
India's economy is currently the fastest growing of all major economies, and factors such as favorable demographic and geopolitical circumstances make it a favorite to continue to outperform. The iShares MSCI India ETF offers broad, balanced coverage of all of India's major economic sectors, making it a good candidate to bet on India's economic future. Despite the impressive performance of the Indian economy relative to peers this decade, the INDA ETF is yet to greatly outperform many major stock indexes.
INDA: India Is A Long-Term Growth Story
The INDA ETF, tracking the MSCI India Index, has a 0.65% yearly expense ratio and contains 152 stocks, heavily weighted in Financials (25.32%). Valuation is surprisingly high with an average P/E ratio of 28, even higher than the U.S., indicating potential overvaluation. Historical performance lags behind the S&P 500, especially over a 10-year horizon, but has improved in recent years.
INDA: India's Foreign Investor Resurgence Has Just Begun
Foreign inflows have picked up post election. Index-related catalysts could drive even more inflows from here. Large-cap focused INDA is well-placed to capture the upside.
INDA: Keep Calm And Stay Long India
India's election season may be over, but equities are not short of tailwinds. The overall macro/micro setup also remains as compelling as ever. Even at a slightly higher valuation, it's difficult to look past iShares MSCI India ETF.
India's election result was the best possible outcome, one fund manager says. Here's what foreign investors are missing.
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India ETF jumps as stock-market investors await country's election results
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