Top PIIGS Stocks for a Real Contrarian
Stockerblog submits:
The ‘PIIGS‘ are the European countries that are suffering due to current economic woes. The countries are Portugal, Italy, Ireland, Greece, and Spain, and the crisis that is looming is heavy. Recently, there has been much talk about Greece being bailed out by stronger EU countries, but even that is uncertain. And even if Greece is bailed out, will there be enough funds or even enough interest in bailing out Spain or Italy, with a much greater amount of sovereign debt outstanding?
But if the bailouts come through, the economies will come through, and the stocks in those countries should do well. So if you are a real contrarian, here are some stocks worth taking a look at.
Investing, Long Term Investment, stock market | admin March 3, 2010
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