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

Emerging Market ADRs Beat U.S. Stocks

NEW YORK ( TheStreet) -- It has been a roller-coaster ride for the S&P 500 during the last week, falling one day and gaining on the other. The index has lost 1.4% during the past week, followed by a 0.8% drop in Dow Jones and a 0.2% decline in India's Nifty Index. Among other emerging markets, Shanghai Composite Index gained 0.6% while Brazil's Bovespa inched up 0.2%.

We list a few ADRs that have outperformed both the U.S. and domestic markets during this period.

Synutra International (SYUT - Get Report) gained 18% during the last week. The company is a China-based producer, marketer and seller of nutritional products for infants, children and adults. As of March 31, 2010, the company's network is comprised of more than 540 independent distributors and more than 1,000 independent sub-distributors who sell its products in more than 71,000 retail outlets.

On June 10, the company reported its results for the fourth quarter and full year 2010. Net sales during the fourth quarter increased 13.4% to $82.4 million, while the company swung to a net profit of 17 cents per share compared to a loss in the same period a year ago.

Oppenheimer & Co. rated the stock a buy with a price target of $27, implying an 11% upside above current levels.

A-Power Energy Generation (APWR) gained 17.7% during the past week. The company is engaged in providing onsite distributed power generation systems and micro power grids for industrial companies, primarily in the Peoples Republic of China and Southeast Asia.

The stock rose on the back of first-quarter 2010 results, which were released yesterday. Revenues jumped 115.8% year-over-year to $67.3 million. Net income soared to 66 cents per share from 4 cents per share a year ago, while cash and cash equivalents increased to $220.4 million from $179.8 million at Dec. 31, 2009.

The company raised its outlook that revenue for 2010 will reach $500 million and net income will reach $60 million, from previously announced annual guidance of $380 million in revenues and $45 million in net income.

Oppenheimer & Co. rated the stock a buy with price target of $15, implying a 64% upside over current levels.
1 of 2

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
ATV $5.11 0.00%
AZN $28.96 0.00%
BAK $14.25 0.00%
BRFS $14.22 0.00%
CPL $11.58 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs