This Day On The Street
Continue to site
ADVERTISEMENT
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

Top-Performing Emerging-Market Stocks

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

8. Companhia Energetica de Minas Gerais (Cemig) (CIG), a Brazil-based electric utility, engages in the generation, transmission and distribution of electricity. Besides, it is also distributes natural gas, telecommunications, and energy solutions. The stock advanced 11.7% during the past one month.

Of the six analysts covering the stock, 83% rated a buy while the remaining advised a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg expect the stock to increase by an average 29.6% to $23.1 in the upcoming 12 months.

Dividend payout for 2010 was 77 cents per share. Early January, shareholders received a special dividend of 79 cents per share -- double that of ordinary dividend. Cemig, Brazil's top electricity distributor, is likely to benefit from the approximate 10% hike in electricity tariff in 2011, which analyst believe will remain stagnant until 2013, and rise by an additional 10% in 2014.

On an average, analysts estimate Cemig's revenue to grow 10% to $7.5 billion and earnings per share by a huge 20%. The company's return on equity and assets are nearly double the industry average, thereby attracting investors.

4 of 11

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
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
GA $0.00 0.00%
CIG $5.06 0.00%
HDB $56.83 0.00%
PBR $9.99 0.00%
SVM $1.22 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs