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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Buy Ken Fisher's 5 Favorite Stocks

Tata Motors

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

Get Adobe Flash player

But Fisher Investments isn't content with just one Indian play. Instead, the firm is doubling down with Tata Motors (TTM), a $70 billion automaker based in Mumbai. Fisher and company initiated a $21.3 million position in Tata -- that's close to 800,000 shares bought in the latest quarter.

Tata Motors is the biggest carmaker in India, with more than 1 million cars sold for $27 billion in revenues last year. In addition to the firm's home base, countries like the UK, Spain, South Korea, and South Africa are big markets for Tata's cars. On the one hand, Tata is known for making some of the least expensive cars in the world, positioning that's garnered the firm leading market shares for entry-level personal and commercial vehicles. On the other hand, Tata also owns premium British marques in Land Rover and Jaguar, which the firm bought in 2008.

>>5 Stocks Immune to Europe's Problems

Jaguar and Land Rover gave Tata an immediate presence in the U.S. -- the world's biggest automotive market -- as well as emerging markets like China, where aspirational cars have found a lucrative market. The possibility of Tata's entry to the U.S. market with its sub $10,000 car offerings could shake-up the bargain-end of the spectrum in the next few years.

In the meantime, Tata is another good way to leverage middle-income growth in emerging market countries.

5 of 6

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.
Submit an article to us!
DOW 16,881.03 -31.08 -0.18%
S&P 500 1,972.07 +2.12 0.11%
NASDAQ 4,465.0750 +22.3770 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

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