Go India, Buy Sterlite

As the West falters there are plenty of ways to ensure your investments keep giving you returns. The key is to think long term and put your money in companies that growing and have a reach in the emerging markets.

Sterlite (SLT) headed by Anil Agarwal is India’s largest non-ferrous metals and mining company and is one of the fastest growing private sector companies in India. Sterlite has a focus in Aluminum, Copper, Zinc & Lead and Commercial Energy. Sterlite is trading lower from its highs of a few weeks ago and is a good buy for long term investment.  It should go up as the dust clears on the debt crises hurting Europe and the US.

About James Cannon

James Cannon is an experienced hedge fund analyst. He has served on the advisory boards for various different Fortune 500 companies as well as serving as an adjunct professor of finance. James Cannon has written for a variety of Financial Magazines both on and off line. Contact James at james[at]businessdistrict.com