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
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

4 High-Yield Emerging-Market Stocks

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

Get Adobe Flash player

4. YPF Sociedad Anonima (YPF)

Forward Yield: 8%

YPF operates about 70 oil and gas fields in Argentina as well as three refineries, including nearly 2,700 kilometers (about 1,677 miles) of pipeline and 640,000 barrels of aggregate daily transportation capacity. YPF has about 538 million barrels of oil reserves and 2,672 billion cubic feet of gas reserves. Refined product is sold through a retail network of more than 1,632 YPF-branded service stations.

YPF's operating profits improved 30% in 2010 to $2.4 billion. Analysts expect the company to deliver at least 10% earnings growth a year during the next five years. While YPF's dividends have declined from pre-recession highs, rising oil prices improve the company's outlook. YPF pays a $3.18 annualized dividend and currently yields 7.7%. Payout from cash flow is conservative at just 35%.

YPF's shares currently trade nearly 40% below their 2005 peak price. YPF shares are valued at 10.4 times this year's earnings, which is less than the 13.5 multiple of the S&P 500.

Action to Take: My top pick for aggressive portfolios is Telecom Argentina. The shares appear reasonably priced and offer a hefty 9% yield. For more conservative investors, I like Companhia Energetica de Minas Gerais, which offers the superior safety of a utility and an attractive 6% dividend.

This article originally appeared on StreetAuthority. To read more articles from Lisa Springer on StreetAuthority, you can visit this link.

Disclosure: Lisa Springer and/or StreetAuthority, LLC hold a position in PBR, TEO, CIG, HNP and YPF.

Stock quotes in this article: PBR, TEO, CIG, HNP, YPF 
This commentary comes from an independent investor or market observer as part of TheStreet guest contributor program. The views expressed are those of the author and do not necessarily represent the views of TheStreet or its management.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs