SDEM LONG (SuperDividend Emerging Markets ETF)
SDEM
(Global X MSCI SuperDividend Emerging Markets ETF)
While Antony Blinken is visiting People's Republic of China, it's time to look at emerging markets.
Looks like emerging markets are going out of the recession. Especially South Asia countries, Brazil, Chile, Mexico. For some time it will be slow growth until US completely reload its economy.
This etf has
PRICE / EARNINGS RATIO 4.99
DIVIDEND YIELD 9.70%
Top 10 countries:
Hong Kong, China 28.92%
Taiwan, China 19.59%
Brazil 13.47%
South Africa 8.85%
Mainland China 6.63%
India 4.80%
Chile 4.22%
Republic of Korea (South Korea) 3.81%
Egypt 2.14%
Mexico 2.09%
My idea:
LONG to $31.00 price target for 2023-2024 years.
(Global X MSCI SuperDividend Emerging Markets ETF)
While Antony Blinken is visiting People's Republic of China, it's time to look at emerging markets.
Looks like emerging markets are going out of the recession. Especially South Asia countries, Brazil, Chile, Mexico. For some time it will be slow growth until US completely reload its economy.
This etf has
PRICE / EARNINGS RATIO 4.99
DIVIDEND YIELD 9.70%
Top 10 countries:
Hong Kong, China 28.92%
Taiwan, China 19.59%
Brazil 13.47%
South Africa 8.85%
Mainland China 6.63%
India 4.80%
Chile 4.22%
Republic of Korea (South Korea) 3.81%
Egypt 2.14%
Mexico 2.09%
My idea:
LONG to $31.00 price target for 2023-2024 years.
Trade active:
We've just crossed the 200 ma on 1D and started 210 days growth to PT $28-$30.
Trade active:
We will leave the triangle soon and go to $30 in 3rd wave.