One of the Best Emerging Markets Stocks to Buy According to Hedge Funds
From Yahoo Finance: 2025-04-01 18:18:00
ICICI Bank Limited (IBN) is among the top 10 emerging markets stocks to buy according to hedge funds. Emerging markets offer higher growth potential and diversification from US equities. The current global market trends suggest a shift from US stocks to emerging markets for better returns. ICICI Bank Limited showed strong financial performance, making it an attractive investment option. With 32 hedge fund holders, IBN ranks 8th on the list of best emerging markets stocks. The bank’s robust capital position, growth in deposits, and focus on risk-calibrated growth contribute to its appeal. However, AI stocks are seen as holding greater promise for higher returns within a shorter time frame.
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