Feb 07

Argentina is a beautiful country that is recovering from a recent economic crash. She has the most European population among all the South and Latin American countries.

Some of the Argentina ADR stocks are listed below:

1. Banco Marco - BMA
This bank was founded in 1966 and has a market cap of just over $15B. The stock has fallen from over $39 to about $22 now. The bank announced a share repurchase program back in January.Has a decent dividend yield of 2%+.

2.Petrobras Energia - PZE
This is an oil company and is a subsidiary of Petrobras (PBR) of Brazil. Recently the stock crashed bigtime from $17 after a mixup by the CNBC TV channel. But is still a good value play around $10+ range in the energy sector.

3.Tenaris - TS
Makes steel pipes and tubes

4.BBVA Banco Frances S.A.- BFR
This bank trades fro abour $7+ and has a market cap of over $1B.

5. Edenor SA - EDN
Edenor is an electricity distributor serving over 2 Million customers.

More on this topic (What's this?)
Next Stop for the US Dollar: Argentina
Into the Economic Abyss
Read more on Investing in Argentina at Wikinvest

written by David