https://money.usnews.com/investing/stock-market-news/slideshows/best-emerging-markets-stocks-to-buyTODAY'S BIG IDEA
12 of the Best Emerging Markets Stocks to Buy
Emerging market stocks lagged the S&P 500 index in 2019 thanks in large part to fears surrounding the trade war between the U.S. and China. But many emerging market investors see China, India, Brazil and other emerging economies as opportunities for long-term growth.
Here are 12 of the best emerging market stocks to buy today.
1. Alibaba Group Holding (ticker: BABA). Alibaba is an e-commerce and cloud services leader in China and the parent company of Taobao, TMall, Ele.Me and other platforms. Alibaba’s massive $521 billion market cap makes it one of the largest public companies in the world. But CFRA analyst John Freeman is still projecting 32% compound annual revenue growth through fiscal 2022.
2. Mobile TeleSystems (MBT). Mobile TeleSystems, a telecommunications and wireless company, hails from Russia. As is typical of telecoms, MBT is a slow and steady grower, rewarding shareholders with a nice dividend. In fact, “nice” is an understatement: Mobile TeleSystems yields 9.6%, in addition to trading for 8.7 times forward earnings. – Wayne Duggan and John Divine