Tele Norte Leste Participaes SA  (TNE) Trade Now »     Rate TNE  -  Discuss TNE  -  Add to Watch List        

I thought I would put up a list of some interesting South America stocks for a pair of reasons. First as you can see from the chart above of the ETF for the Latin America 40 (ILF) that the region’s stocks have pulled back significantly over the recent few months. Second, I have a strong interest in the region and keep my eye out for interesting stocks. I hope to point out a few here you have not heard of or considered.

How many global telecom stocks are trading at below 8 times trailing earnings while growing EPS at 25%+ per annum? <!--more-->After performing a detailed equity research on a multitude of global telecom names, I reached the conclusion that Tele Norte (TNE) has by far the most upside potential while still being relatively undiscovered.

How many global telecom stocks are trading at below 8 times trailing earnings while growing EPS at 25%+ per annum? <!--more-->After performing a detailed equity research on a multitude of global telecom names, I reached the conclusion that Tele Norte (TNE) has by far the most upside potential while still being relatively undiscovered.

BUY: Tele Norte Leste Participacoes SA (ADR) (NYSE: TNE) $21.90 (7/16/07)

Sell price: $ 23.00 or
Sell date: August 16, 2007
Stop loss: $20.72 (-6.8%) - ATR(10) * 2

EMA/MACD very bullish
Fibonacci analysis bullish
Stochastic analysis very bullish
Great institutional support