Good prospects and undervalued (USA)

[james1989]

Starting to see value particularly in Chinese equities, China Mobile, Cnooc, Petrochina etc.. Not personal buys however due to better risk reward opportunities available. For those looking for emerging markets exposure however, this may be the time to load up.

Obviously emerging markets have rebounded well after falling to very cheap prices, I still see value in some very good domestic businesses. The under researched small caps seem to offer the best opportunities right now. Travelzoo is a favourite of mine and is very cheap after this quarters revenue miss, there are many more with pristine balance sheets, must have solutions, exceptional management and catalysts ready to mature.