Don't Let Markets Scare You From Growth

Bill Fleckenstein MSN Money October 3, 2011

9/30/2011 11:24 AM ET

By Bill Fleckenstein, MSN Money

Don't let recent market machinations make you miss out on growth opportunities -- wherever you find them. Right now, Mongolia has the makings of a success story.

Bill Fleckenstein

Given the mayhem in the markets recently -- or a few weeks ago, or a few months ago; take your pick -- I wouldn't blame anyone for feeling like they just wanted to crawl off into a cave and put a big "Wake me when it's over" sign on the entrance.

Thanks, I believe, in large part to the ascendance of computerized trading, volatility is off the charts. That's true even in the notoriously volatile precious-metals sector, which saw a stomach-churning decline a little over a week ago after a particularly strong showing of late. In times like these, the general feeling is that no matter what you do, it will be wrong.

Hot emerging-market investment ideas

Certainly the world is full of problems, and I have spilled more than my share of virtual ink discussing them: from our own economic and fiscal woes and relentlessly bad policy (monetary, political, you name it), to concerns about sovereign debt and the stability of various banking systems in Europe -- particularly Greece, Ireland, Italy, Portugal and Spain. And those are just the issues that have to do with money.

Believe it or not, however, investment opportunities are still out there. Exciting ones. Good ones. Possibly great ones. And while it may be tempting to bury one's head in the sand, I would encourage such behavior only if the sand in question is located somewhere in particular: namely, Mongolia (a country Sam Zell recently said was on its way to becoming a massive "sovereign wealth fund").

Not just deserts

For those who don't know, I am a director of Mongolia Growth Group, a Canada-based company with operations in Mongolia, which currently trades on the Canadian National Stock Exchange (YAK, American Depository Receipt symbol: MNGGF).

Founded last February, the company is focused primarily on real-estate investment and insurance.

The investment case for Mongolia relies on a number of key factors:

It is new to capitalism (which essentially began there in 1991).The country has huge amounts of untapped natural resources, particularly minerals.Gross domestic product in 2010 was more than $5 billion spread over 2.7 million people.Just one large mining project there, Oyu Tolgoi, will require $6 billion and generate $7 billion a year in revenue at current metals prices.There are enough new mines and other projects that GDP could grow at double-digit rates for the next decade.

(For those who would like to know more about the country, see the current issue of National Geographic.)

Trying to invest from abroad, however, presents several obstacles, including:

Only a few dozen companies trade on the country's stock exchange, and they do so infrequently. None trade in the U.S.Financial disclosure is not adequate in most cases.Poised for growth

So while the Mongolian economy is poised for growth, and the country's unique history and characteristics serve to insulate it from many of the problems currently facing many "advanced" nations, it is almost impossible to seize the opportunity from afar. You have to be there, in person, on the ground, which is why Mongolia Growth Group was created and why I am involved in it.

Continued: More than just talking their bookSingle page12Next >RELATED ARTICLESContributors - MSN Money: Personal finance & investing news expertsA bull market in risk rages on - stock investing - MSN Money2011: The year of wild speculation - investing strategy - MSN MoneyBill Fleckenstein's latest articles on MSN MoneyContributors - Contributors - MSN Money - Money: Personal finance ...Even Cisco can't cool a giddy market - technology stocks - MSN MoneyVIDEO ON MSN MONEY/* /**/ var scp_UserRating=-1; down_arrow_hover= new Image(); down_arrow_hover.src = 'http://blu.stc.s-msn.com/br/scp/css/15/decoration/toolbar/rating/down_hover.gif'; down_arrow_normal= new Image(); down_arrow_normal.src = 'http://blu.stc.s-msn.com/br/scp/css/15/decoration/toolbar/rating/down_normal.gif'; up_arrow_hover= new Image(); up_arrow_hover.src = 'http://blu.stc.s-msn.com/br/scp/css/15/decoration/toolbar/rating/up_hover.gif'; up_arrow_normal= new Image(); up_arrow_normal.src = 'http://blu.stc.s-msn.com/br/scp/css/15/decoration/toolbar/rating/up_normal.gif'; var scp_thankyoutext = 'Thank you!'; var scp_thankyoualttext = 'You have voted on this'; var scp_votestext = '{0} votes'; var scp_votescount = 20; var scp_errmsg = 'Errors occured while saving your rating. Please try again later.'; var scp_yesvotes = 16; var scp_jsurl='MSNRRV2.aspx'; var scp_jsargs='rrct\x3doE0QuuCFWRgt\x252fxpt\x252fkHSJs57VE1CLazX0d\x252bTwJqkFcKPehieNFMw4jJ\x252b1leiqpoYlmYunpcUQ0vJBlOcmw4fFz\x252bSKuPLspl1tXtn0FBquMCXhu7GtclHdPD09LDK4hOY2NLWvO6\x252fvMwxK3\x252fRbBwBat0uVVZkBv13YxdWH4QMx\x252f\x252b8IASSALUWSFaP29\x252bnBPbsZrj0dpiUQ3DzfzBvyZvY9A\x253d\x253d\x26values\x3dshFp7XlTQbexq2I491\x252fdUQ\x253d\x253d\x26rritemId\x3dTZsRd4pyoJ1qQ2wcthY8uoh8EcdJMMhbXSUSjflbR9vTn3T2thTQTN1DMPABcKwely\x252fqHeqf4DGanE\x252bjAxAb1w\x253d\x253d\x26rrpurl\x3dhttp\x253a\x252f\x252fmoney.msn.com\x252finvestment-advice\x252ffinding-growth-far-off-the-grid-fleckenstein.aspx\x253fpage\x253d2'; var scp_itemid = 'scp\x3abbcdiscussion\x3a866d100f-9244-4ade-8cdf-59c61efb9f87'; function BinaryRatingToolBar(ratingValue){scpjs.socialToolbar._handleBinaryRating(ratingValue);} Recommend20 votes80% Rating: You recommend this20% Rating: You don't recommend this ToolBarUpdateRating('scp\x3abbcdiscussion\x3a866d100f-9244-4ade-8cdf-59c61efb9f87','ratCntrlBinary'); jQuery.async('scp', function () { jQuery.scp.socialToolbar({"partnerId":"e70689f0-2848-458a-b8ae-965c0aac79c8","jsUrl":"http://us.social.s-msn.com/s/js/16.6/ue.min.js","enabled":true,"previewMode":false,"contentId":"sgyt0bsft7d0p082dfx5t0erwy6cekje","boardId":"00000065-02a6-0000-0000-000000000000","threadId":"866d100f-9244-4ade-8cdf-59c61efb9f87","urlParams":{"title":"","desc":"","image":"","url":"http://money.msn.com/investment-advice/finding-growth-far-off-the-grid-fleckenstein.aspx?page=2","s-url":"http://on-msn.com/pBrQ9L"},"timesShared":37,"shareCountUrlBase":"http://social.msn.com/boards","settingsCookieDomain":"msn.com","showMiniTb":true,"showRatings":true,"showEmail":true,"showPrint":true,"showIM":false,"imagesDir":"","printUrl":"","sharingSites":[{"id":"1","name":"Messenger","icon":"http://media.social.s-msn.com/images/blogs/Messenger.png","smallIcon":"http://media.social.s-msn.com/images/blogs/Messenger-s.png","urlTemplate":"http://profile.live.com/badge?url=%7Bs-url%7D"},{"id":"2","name":"Facebook","icon":"http://media.social.s-msn.com/images/blogs/Facebook.png","smallIcon":"http://media.social.s-msn.com/images/blogs/Facebook-s.png","urlTemplate":"http://www.facebook.com/share.php?u=%7Bs-url%7D&t=%7Btitle%7D"},{"id":"3","name":"Twitter","icon":"http://media.social.s-msn.com/images/blogs/twitter.png","smallIcon":"http://media.social.s-msn.com/images/blogs/twitter-s.png","urlTemplate":"http://twitter.com/home?status=%7Bs-intro%7D"},{"id":"4","name":"Digg","icon":"http://media.social.s-msn.com/images/blogs/digg.png","smallIcon":"http://media.social.s-msn.com/images/blogs/digg-s.png","urlTemplate":"http://digg.com/submit?partner=MSN&url=%7Bs-url%7D&title=%7Btitle%7D"},{"id":"6","name":"LinkedIn","icon":"http://media.social.s-msn.com/images/blogs/linkedin.png","smallIcon":"http://media.social.s-msn.com/images/blogs/linkedin-s.png","urlTemplate":"http://www.linkedin.com/shareArticle?mini=true&url=%7Burl%7D&title=%7Btitle%7D"},{"id":"7","name":"MySpace","icon":"http://media.social.s-msn.com/images/blogs/Myspace.png","smallIcon":"http://media.social.s-msn.com/images/blogs/Myspace-s.png","urlTemplate":"http://www.myspace.com/Modules/PostTo/Pages/?u=%7Bs-url%7D&t=%7Btitle%7D"},{"id":"8","name":"Google Bookmarks","icon":"http://media.social.s-msn.com/images/blogs/GoogleBookmarks.png","smallIcon":"http://media.social.s-msn.com/images/blogs/GoogleBookmarks-s.png","urlTemplate":"http://www.google.com/bookmarks/mark?op=add&bkmk=%7Bs-url%7D&title=%7Btitle%7D"}],"locale":"en-us","miniTbPositionRef":"ahead","strings":{"lc_rdcmnts":"Read comments","lc_addcmnt":"0","lc_rec":"Recommend","lc_eml":"Email","lc_shrintro":"I thought you would be interested in this: {0}","lc_im":"IM","lc_mor":"More","lc_ncmts":"{0}","lc_prt":"Print","lc_shr":"Share","lc_shrn":"Shared {0} times","lc_shrt":"Share","lc_vts":"{0} votes","lc_ivno":"You don\u0027t recommend this","lc_ivyes":"You recommend this","lc_yvno":"You didn\u0027t recommend this","lc_yvyes":"You recommended this","lc_ratingadded":"Thank you!","lc_ratingerr":"Could not add rating","lc_alrdyvote":"You have voted on this","lc_defml":"Email program","lc_hotml":"Hotmail","lc_gml":"Gmail","lc_yml":"Yahoo! Mail"},"omniAccount":"MSNPORTALSCP","ratingsControlId":"ratCntrlBinary","ratingsItemId":"scp:bbcdiscussion:866d100f-9244-4ade-8cdf-59c61efb9f87","appUri":"http://social.msn.com/boards","pageUrl":"http://money.msn.com/investment-advice/finding-growth-far-off-the-grid-fleckenstein.aspx?page=2","ratingTags":["00120065-0000-0000-0000-000000000000","00000065-02a6-0000-0000-000000000000","ART"],"fblkShow":true,"fblkAppId":"","fblkRef":"","fblkTrkName":"","fblkTrkVal":"","twtShow":true,"twtTrkName":"","twtTrkVal":""}); }); /**/ 6CommentsNewestOldestBestWorstControversialEricTheRon1312 hours ago

Bill, since Mongolia is "sitting on China's northern border, chock full of all the things China needs" I'd be a little concerned that we'd wake up tomorrow and find the "Peoples Liberation Army" in Ulan Bator.(For those of you who don't remember, China is still the same country who "liberated" Tibet for far less.)

Mongolia (actually Outer Mongolia) only survived as a buffer state between the USSR and China. China already claims "Inner Mongolia" as part of its territory, so there's no ethnic reason they wouldn't claim the rest. The only thing keeping them at bay would be Russia, and I'm not sure how seriously Russia takes it. They would certainly bluster, but would they fight?

Note the following:

"The second treaty signed in Beijing by China and Mongolia is an economic agreement. It virtually guarantees that Beijing will become not only Mongolia's most important trading partner, but will remain its largest direct foreign investor, thus paving the way for Beijing's gradual reassimilation of Mongolia. The 20-year term of the Chinese-Russian agreement implies that China will not attempt to take Mongolia outright during this period, but will instead limit herself to economic penetration."

It's sad, but I think Mongolia's future is going to be more like Czechoslovakia's in the 1930s--first infiltrated and then "assimilated". Unless of course they find a nuclear partner (like Russia) who would stand up for them. However, from Russia's history they are more likely to just require a portion of the spoils for themselves. It's tough to be situated between two un-repentant looter governments like that.

0 1ReportSpamLostOnEarth17 hours agoContinued success to all the men and women standing up for their rights as valued, honest and hard working American workers getting screwed daily by Wall Street and TBTF banks and corporations. The states of Massachusetts, California and New Mexico have now joined New York in their pledge of solidarity and justice for all. Keep on fighting these corporate fascists! Operation: "Wall Street Storm" a.k.a Occupy Wall Street will be a total success as this movement strengthens, multiplies and expands across our great nation. Tyranny and oppression will not be tolerated by these fascist oligarchs. God will lead us to victory! We defeated England and we will defeat these corrupt anti-American Aristocrats as well. Thank you and God bless you and God bless America! 1 1ReportSpamPlain JoSat 9:59 AM

Bill, there is everything right about investing in growth anywhere in the world where the opportunity exists.

But we live here in America. We need progress. We need growth in good s and services that are now failing our consumers.

For example, we are at the dawn of a new industry in ground transportation. It would employ hundreds of thousands in well paid jobs. That industry replaces oil with natural gas for all internal combustion vehicles. That is only one industry that would blossom if we had progressives in the White House and congress . Government needs to get out of our way. Industry of all sorts will create the jobs

3 1ReportSpamscammicSat 5:53 AM America needs more dump site. Turdy herdy hoardies. 3 1ReportSpamZero Sum GameFri 10:28 PMAnd after capitalism transforms Mongolia into a fuming pile of excrement, I'm guessing Mars will be the next great place to invest. 12 4ReportSpamLaszlo ErdosyFri 5:30 PM

Yes Bill, Mongolia has vast resources untapped ready for this hungry market. My portfolio is app. 30% into energy and materials. I also invested in gold six years ago and I am not looking back.

I am glad I read your postings over the years, especially those about the yellow stuff. I am looking to lock in my gains, as the current conditions seem off. We'll see!

4 5ReportSpamAdd a commentReportPlease help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.CategoriesSpamChild pornography or exploitationProfanity, vulgarity or obscenityCopyright infringementHarassment or threatThreats of suicideOtherAdditional comments(optional) 100 character limitAre you sure you want to delete this comment?jQuery.async('scp', function () { jQuery.scp.comments({"partnerId":"e70689f0-2848-458a-b8ae-965c0aac79c8","jsUrl":"http://us.social.s-msn.com/s/js/16.6/ue.min.js","strings":{"lc_shw":"true","lc_dtf":"%M/dd/yyyy %h:mm tt","lc_dtf2":"ddd %h:mm tt","lc_gmt":"-4","lc_erg":"Comments are currently unavailable. Try again later.","lc_det":"Comments are unavailable on this page.","lc_pgf":"{0} of {1}","lc_1ach":"Comment","lc_ach":"Comments","lc_newm":"Newest","lc_oldm":"Oldest","lc_bestm":"Best","lc_worstm":"Worst","lc_mixedm":"Controversial","lc_prv":"Previous page","lc_nxt":"Next page","lc_pageNumTooltip":"Enter a page number, and then press the Enter key","lc_first":"First page","lc_last":"Last page","lc_rpl":"Reply","lc_rbs":"Report","lc_edt":"Edit","lc_del":"Delete","lc_pstthanks":"Thanks for posting to","lc_pstand":"{0} and {1}","lc_seemore":"More","lc_seeless":"Less","lc_rpttxt":"Thank you for reporting.","lc_msg2mod":"Send note to moderator"¦","lc_cc0":"Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates the","lc_cc1":"Code of Conduct","lc_cc2":"please use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.","lc_cat":"Categories","lc_spa":"Spam","lc_che":"Child pornography or exploitation","lc_pro":"Profanity, vulgarity or obscenity","lc_cor":"Copyright infringement","lc_har":"Harassment or threat","lc_usrpic":"Inappropriate user picture","lc_oth":"Other","lc_abc":"Additional comments","lc_opt":"(optional)","lc_atl":"100 character limit","lc_rep":"Report","lc_1hourm":"1 hour ago","lc_1minm":"1 minute ago","lc_recomm":"You recommend this","lc_recomdontm":"You don\u0027t recommend this","lc_voted":"You have voted on this","lc_suicide":"Threats of suicide","lc_joi":"Be the first to comment","lc_shwm":"Show comments","lc_hidem":"Hide comments","lc_hourm":"{0} hours ago","lc_minm":"{0} minutes ago","lc_secm":"{0} seconds ago","lc_add":"Add a comment","lc_dmg":"Are you sure you want to delete this comment?","lc_dok":"Delete","lc_dca":"Cancel","lc_pna":"There\u0027s a problem creating posts right now. Please try again later.","lc_clt":"This discussion is closed. New comments cannot be posted.","lc_fta":"Be the first to comment","lc_fsg":"Be the first to add a comment. To add a comment, please","lc_sgn":"sign-in","lc_lnk":"Read comments","lc_spell_gen_err":"Could not check spelling. Please try again later.","lc_spell_no_mist":"No spelling errors found.","lc_spell_num_mist":"Spell check detected {0} mistake(s).","lc_spell_in_prog":"Spell check in progress...","lc_spell_check":"Check Spelling","lc_post_gen_err":"There's a problem creating posts right now. Please try again later.","lc_post_long":"Post cannot be longer than {0} characters.","lc_post_empty":"Your post cannot be empty.","lc_cmnt_day_max":"You already reached the daily limit for posts today. Please post again tomorrow.","lc_post_prog":"Post in progress...","lc_post":"Post","lc_save":"Save","lc_not_auth":"You are not signed in.","lc_no_suggest_paren":"(No suggestions)","lc_ignore_paren":"(Ignore)","lc_insrt_emot":"Insert Emoticon","lc_cancel":"Cancel","lc_ok":"OK","lc_fmt_quote":"Format as Quote","lc_incr_indnt":"Increase Indent","lc_decr_indnt":"Decrease Indent","lc_bullets":"Bullets","lc_numbering":"Numbering","lc_italic":"Italic (CTRL+I)","lc_bold":"Bold (CTRL+B)","lc_post_dirty":"Edits you have made to your post will be lost.","lc_rte":"Rich Text Editor","lc_ip_banned":"The computer or device you are using is temporarily banned from posting on this site. People or automated programs have recently used this computer or device to create unwanted posts. You may still browse the site and read other people's posts, but you can't create, edit, or delete posts.","lc_chk_msg_spell":"Check message for spelling errors (F7)","lc_post_msg":"Post this message (CTRL+ENTER)","lc_perm_ban":"This Windows Live ID was banned for violating the Code of Conduct. You may still read other people's posts, but you can't create, edit, or delete posts.","lc_temp_ban":"This Windows Live ID is banned from posting on this site until {0}. You may still read other people\u0027s posts, but you can\u0027t create, edit, or delete posts.","lc_also_pst_fb":"Facebook","lc_also_pst_wl":"Windows Live","lc_also_post_to":"Also post to:","lc_idnt_settings_err":"Could not save your settings. Try again later.","lc_idnt_nick_prohibited":"The nickname you requested is not allowed. It may contain a reserved name or profanity. Please enter another nickname.","lc_idnt_nick_unavail":"The nickname you requested is not available. Please enter another nickname, or select one of these suggestions:","lc_idnt_nick_empty":"Nickname cannot be empty","lc_idnt_nick_max_len":"Nickname cannot be longer than {0} characters","lc_idnt_nick_allowed_chars_err":"You nickname may only contain letters, numbers, hyphens, underscores, and periods. Please enter another nickname.","lc_idnt_lnk_msn_wl":"Link your MSN posts to your profile on Windows Live","lc_idnt_posting_name":"Now when you post with your \u003cstrong\u003ename\u003c/strong\u003e, all of your past and future MSN posts link to your profile on \u003ca href=\"{0}\"\u003eWindows Live\u003c/a\u003e so your friends can read them.","lc_idnt_posting_nick":"If you keep posting with your \u003cstrong\u003enickname\u003c/strong\u003e, your posts aren't connected to your profile on Windows Live.","lc_idnt_name_nxt_psts":"The name you choose appears next to all of your past and future MSN posts.","lc_idnt_post_w_name":"Post with my name","lc_idnt_kp_post_w_nick":"Keep posting with my nickname","lc_idnt_chs_name":"Choose the name that appears next to your posts","lc_idnt_name_lnk_wl":"If you post using your name, your posts link to your profile on \u003ca href=\"{0}\"\u003eWindows Live\u003c/a\u003e so your friends can read them.","lc_idnt_nick_no_wl":"If you create a nickname, your posts are not publicly connected to your profile on Windows Live.","lc_idnt_post_w_nick":"Post with a nickname","lc_idnt_enter_nick":"Enter nickname","lc_idnt_post_w_yr_name":"Post with your name","lc_idnt_mst_use_name":"You must now use your name when you post here.","lc_idnt_note_post_w_name":"Note: When you post using your name, your posts link to your profile on \u003ca href=\"{0}\"\u003eWindows Live\u003c/a\u003e so your friends can read them.","lc_continue":"Continue","lc_idnt_create_nick":"Create a nickname","lc_idnt_nick_nxt_pst":"Your nickname appears next to your posts on MSN.","lc_idnt_nick_allowed_chars":"Nicknames may contain letters, numbers, hyphens, underscores, and periods.","lc_cmnt_unavail":"Commenting is currently not available. Try again later.","lc_loading":"Loading...","lc_signin":"Sign in","lc_signin_create":"Sign in with your Windows Live ID, or create a new one.","lc_spam_msg":"Your post was blocked because it has a hyperlink or appears similar to spam. Please revise your post and try again.","lc_wrt_cmnt":"Write a comment...","lc_avtr_pic":"User Picture","lc_edit_cmnt_err":"Could not load comment for editing. Try again later."},"isCommentShow":"true","_p":"","locale":"en-us","forumId":"00120065-0000-0000-0000-000000000000","forumTitle":"MSN Money","boardId":"00000065-02a6-0000-0000-000000000000","boardTitle":"ArticleComments","threadId":"866d100f-9244-4ade-8cdf-59c61efb9f87","title":"Article Comment","userId":"b5e44170581cc833","contentId":"sgyt0bsft7d0p082dfx5t0erwy6cekje","pageUrl":"http://money.msn.com/investment-advice/finding-growth-far-off-the-grid-fleckenstein.aspx?page=2","appUri":"http://social.msn.com/boards","cssBaseUrl":"unused","emoticonBaseUrl":"http://us.social.s-msn.com/s/","responseBridgeUrl":"http://money.msn.com/ResponseBridge.aspx","cmntSharingOn":true,"cmntSharingNetworks":[{"id":0,"locKey":"lc_fb","tooltipLocKey":"lc_also_pst_fb"},{"id":1,"locKey":"lc_wl","tooltipLocKey":"lc_also_pst_wl"}],"omniAccount":"MSNPORTALSCP","currentPage":1,"totalPages":1,"sortOrder":0,"isAuth":false,"signInUrl":"https://login.live.com/login.srf?wa=wsignin1.0&rpsnv=11&ct=1317615700&rver=6.1.6195.0&wp=MBI&wreply=http:%2F%2Fmoney.msn.com%2Finvestment-advice%2Ffinding-growth-far-off-the-grid-fleckenstein.aspx%3Fpage%3D2&lc=1033&id=250710","genericAvatarUrl":"http://us.social.s-msn.com/s/images/bluemann.png","settingsCookieDomain":"msn.com"}, false, true, true); });DATA PROVIDERS

Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.

Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Gradient Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Telekurs.

Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.

$.dap("&PG=INVIP1&AP=1089",300,250,"dapad2");FeedbackSTOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

13727046765062462865249333516712345678910

Top Picks

SYMBOLNAMERATINGTEVATeva Pharmaceutical Industries ADR Reptg One Ord Shs10LLYEli Lilly And Co9BMYBristol-Myers Squibb Co9GILDGilead Sciences Inc9GISGeneral Mills Inc9MoreSponsored by:$.dap("&PG=INVIVF&AP=1025",120,30,"ss-ad");$.dap("&PG=INVIVG&AP=1425",300,600,"dapAd3");FeedbackFollow @Fidelity on Twitter/*RECENT ARTICLESFinding growth far off the gridWhy stocks are safer than Uncle SamThis is not a 'Mad Max' economy5 blue-chips with sweet dividendsThere's gold in mining stocks yetJIM JUBAKLook overseas for stock bargainsWhy China is all that mattersIf Greece defaults . . . then what?How to play a coming tech rally5 dividend stocks to buy nowPrivacyLegalAdvertiseMSN WorldwideHelpAbout our adsFeedbackSite MapRSS© 2011 Microsoft/* ({0})",msgr:"a.msgr",maxcount:9999,axob:"MSNMessenger.Hotmail2Control"});a(b).channelheaderflyout({delay:{open:500,close:50}});a("a.inbox").hotmaillivemenu({hotmailcalendertext:"Calendar"});a("div.websearch2").togglesearchtext({searchInputBoxId:"q4"});a("div.websearch2 form").bindSearch2();a(".myhp").setHomepage({url:"http://www.msn.com",txt:"Make MSN your homepage"})},a.jsUrl)})})(jQuery);jQuery("a.openpopup").async("openPopup");(function(a){a(function(){a.async("asyncCanary",function(){a(".ptnrcnt1").partnerhostedcontentfeature()},a.jsUrl)})})(jQuery);(function(a){a(function(){a.async("asyncCanary",function(){a.lazyLoad.timeout=6e4;a.cookie+=";MUID=";a(".cogr.coss").slideshow({delay:7e3});a(".cogr.cotb").tabGroup({hover:{delay:300}});a("div.ivideo").async("inlinevideo",[{param:{windowless:"true"},asyncp:1}])},a.jsUrl)})})(jQuery);jQuery("a.opennew").async("openNew");jQuery(".pageoptions1").async("pageOptions");jQuery(".pageoptions1 #ausug").async("autoSuggest",[{helpLinkText:"What is this popup",helpLink:"http://help.live.com/help.aspx?project=wl_searchv1&querytype=keyword&query=sihggus&mkt=en-US",formCode:"MSMONY",openNew:"0",market:"en-us",cookieDomain:null,cookiePath:null,inputId:"q4"}]);jQuery(".quotesearchbar0").async("quoteSearchBar");jQuery(".quotesearchbar1").async("quoteSearchBar");jQuery(".quotewatchlist0").async("quoteWatchList0");jQuery(".recentquotes0").async("recentQuotes0");jQuery(".stkscoutrating2").async("financefundamentals");(function(b){var a=b("#nav .breaknews1");if(a.text().length==0)a.css("display","none")})(jQuery)//]]>/*/*/*