Greek Stocks: Three Criteria For Weathering And Winning

Greece will be added to the iShares MSCI Emerging Markets Indx (ETF) (NYSEARCA:EEM) starting November 26, but its economic situation is markedly different from most other developing nations. It doesn’t have a booming population, GDP growth, or valuable natural resources. Instead it offers the possibility of a big recovery after years of decline, but Citi Research analysts Michael Klahr and Maria Gratsova think investors should focus on stock picking.

Greek GDP per capita falls

“[Greece’s] population is 15 percent that of its neighbour Turkey and less than a third of the size of Poland to the west. There is no population growth. GDP per capita has fallen sharply but at $22k is still c.75% higher than Poland’s and more...