For Immediate Release
Chicago, IL – April 24, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Apple (NASDAQ: AAPL – Free Report ), Amazon (NASDAQ: AMZN – Free Report ), iShares MSCI India ETF (BATS: INDA – Free Report ), WisdomTree India Earnings Fund (NYSEARCA: EPI – Free Report ) and Van Eck India Small-Cap Index ETF (NYSEARCA:SCIF – Free Report ).
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Here are highlights from Friday’s Analyst Blog:
Why India's ETFs Are Soaring in 2017
Emerging market ETFs are surging in 2017 and within that space, India ETFs are the best performers. Foreign investors continue to pour money into Indian stocks as optimism about economic growth and structural reforms continues to rise.
Since his election in 2014, Prime Minister Modi’s government has pushed through a lot of reforms in India. Foreign investors continue to believe that he will be able to take necessary actions to promote foreign investments, revamp tax system, promote infrastructure and reduce corruption.
Modi’s party recently had a big victory in an important state election, which suggests that he’ll most likely win second term in office in the next general elections.
Per IMF, the Indian economy will grow at 7.2% in 2017 and 7.7% in 2018, making it the fastest growing major economy in the world.
For US tech giants, India is a very important market and they’re betting big on growth prospects in the country.
Apple (NASDAQ:AAPL – Free Report ) is expected to start manufacturing iPhones in India within the next 1-2 months. It is an important market for them since sales in China are slowing down. India is now the second largest smartphone market in the world.
Amazon (NASDAQ:AMZN – Free Report ) is investing $5 billion in India. Facebook and Google-Alphabet compete with each other to provide connectivity to Indians that have no internet access as of now.
With a population exceeding 1.2 billion, India has the potential to become the largest open internet market in the world.
Uber is aggressively expanding in India, after retreating from China last year.
To learn more about three popular India ETFs—theiShares MSCI India ETF (BATS: INDA – Free Report ), WisdomTree India Earnings Fund (NYSEARCA: EPI – Free Report ) and theVan Eck India Small-Cap Index ETF (NYSEARCA: SCIF – Free Report ), please watch the short video above.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1 Stock of the Day pick for free .
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Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
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Apple Inc. (AAPL): Free Stock Analysis Report
Amazon.com, Inc. (AMZN): Free Stock Analysis Report
ISHARS-M INDIA (INDA): ETF Research Reports
WISDMTR-IN EARN (EPI): ETF Research Reports
VANECK-INDIA SC (SCIF): ETF Research Reports
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