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I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market.
On Thursday, I focused on the Market Vectors Egypt Index ETF (NYSEArca: EGPT). While the country’s equities market made robust gains this year on greater political and economic stability, Egyptian stocks may still be undervalued. [Egpyt ETF Rallies Over 50% for Year]
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.