STOCKS
Casinos, luxury brands top foreign picks
- Published: 21/09/2011 at 02:45 AM
- Newspaper section: Business
Investments in global stocks remain attractive, with casino resort operators and luxury brands in China and Europe expected to do well, according to analysts.
Prawit Techamahalap, first vice-president of Asia Plus Securities, recommended selective investments in US stocks. The sector to avoid is financial institutions while some conglomerates with high growth potential include McDonald's, Starbucks, Nike, Apple, Google and Yahoo.
For Asian markets, he recommends Japan's Nissan Motor, South Korea's Samsung, Hong Kong's Intime Department Store and the insurer AIA.
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About the author
- Writer: Nuntawun Polkuamdee & Soonya Vanichkorn
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