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News & Analysis: Investing
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Dykstra: Infosys Brings Global Views

By Lenny Dykstra
Special to TheStreet.com

8/16/2007 8:50 AM EDT
Click here for more stories by Lenny Dykstra
 

Earlier this week, I stressed the benefits of companies that have a global viewpoint for my deep in-the-money calls strategy. Companies that produce significant foreign revenue are especially attractive right now, as they will allow me to strengthen the odds of success and improve my ability to make fundamentally sound choices, even in the midst of market uncertainty.



Overnight, the Asian and European markets felt the effects of the U.S. subprime mortgage woes and took a header. This only reinforces the need to trade in fundamentally sound companies. As I have said before, the cream always rises to the top. The relative strength of a company will show itself eventually, and when this happens, the stock will move back up, and DITM call holdings will close out for a win.

With today's pick, I am traveling to the Far East, as my selection has corporate headquarters in Bangalore, India, along with offices in North America, Europe and in the Asia Pacific region, providing a real global presence and solid international footprint. Infosys Technologies (INFY - commentary - Cramer's Take) provides information technology-enabled business services. One key component of the business model is outsourced IT solutions and systems integration.

Infosys prides itself as being the best in the business, and it boasts impressive partners, such as Microsoft (MSFT - commentary - Cramer's Take), Oracle (ORCL - commentary - Cramer's Take), IBM (IBM - commentary - Cramer's Take), Sun Microsystems (SUNW - commentary - Cramer's Take) and BEA Systems (BEAS - commentary - Cramer's Take).

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At the time of publication, Dykstra had no positions in stocks mentioned.

Nicknamed 'Nails' for his tough style of play, Lenny is a former Major League Baseball player for the 1986 World Champions, New York Mets and the 1993 National League Champions, Philadelphia Phillies. A three time All-Star as a ballplayer, Lenny now serves as president for several privately held businesses in Southern California. He is the founder of The Players Club; it has been his desire to give back to the sport that gave him early successes in life by teaching athletes how to invest and protect their incomes. He currently manages his own portfolio and writes an investment strategy column for TheStreet.com, and is featured regularly on CNBC and other cable news shows. Lenny was selected as OverTime Magazine's 2006-2007 "Entrepreneur of the Year."



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