This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Asia's Tech Edge

You also have a holding in Baidu (BIDU - Get Report). What do you like about it?

Baidu is the leading online Chinese search company through specialized Chinese search. It has been gaining more market share recently. I think the online-search industry is very competitive in China and competition will probably get fiercer in coming years, but the online-search industry in China is still relatively small compared to the U.S. So I think all the companies [in this sector] will benefit, but the company with the leading position will probably benefit the most as the industry expands.

You're overweight Indian equities, but they still only account for 9% of your portfolio, compared with 17% for China. Why the gap? Is the pool of Indian stocks just shallower than China?

There's a smaller population of companies in India, and it's hard to find high-quality companies there. The industries are very narrow, [though] you could find some pharmaceutical and services companies. In China it's very broad, ranging from the Internet to telecoms to the manufacturing sector. But we're seeing more and more companies coming out of India, especially some of the telecom and Internet segments.

What are some technology trends that began in Asia that you think could migrate to the U.S.?

Wireless-telecom services might be a good example of technology trends that have emerged in Asia migrating to the U.S. For example, music on demand is becoming popular in the U.S., and it's been very popular in Korea and Japan for some time. The mobile-music segment is much bigger than the PC download segment.

In the U.S., I believe the opposite is the case, but mobile music is taking off here. The company behind that service in Korea, WiderThan, is now providing music-on-demand services to some of the U.S. telecom companies. (WiderThan, which Oh held going into the third quarter, is now being acquired by RealNetworks (RNWK), the U.S. Internet media firm.)
3 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
BIDU $148.51 0.00%
CHL $61.25 0.00%
INFY $18.89 0.00%
NCTY $1.09 0.00%
TSM $20.76 0.00%


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs