5 Best Asian Stocks To Watch Right Now

5 Best Asian Stocks To Watch Right Now: POSCO(PKX)

POSCO engages in the manufacture and sale of steel products in South Korea and internationally. The company offers hot rolled steel for general structures, gas cylinders, hull structures, automobile structural uses, and machine structures; atmospheric corrosion resistant steel; steel for casting and tubing of oilwell pipes; steel for line pipes; and general machine structural steel, alloy steel, and steel for tools and machine parts, as well as steel for ships. It also provides cold rolled, galvanized, electrical, and stainless steel products, as well as titanium products. In addition, it involves in various activities, including engineering and construction, steel work maintenance and machinery installation, computer hardware and software distribution, economic research and consulting, rare and special metals manufacturing, rental houses construction and management, energy and resource development, architecture and consulting, electronic commerce, refractories manufacturi ng and sales, transporting and warehousing, and electricity generation. Further, the company engages in components manufacturing and sales, ferromanganese manufacturing, financial investment, LED lightning, coal trading, mine development, finance, iron ore mining and trading, harbor loading and unloading, spinning and weaving, and paper and cement manufacturing businesses; operates athletic facilities and a distribution center; and invests in venture companies and biotech ventures. POSCO was founded in 1968 and is based in Seoul, South Korea.

Advisors' Opinion:

• [By Jake Maxwell Watts]

  Markets in Korea were higher for the seventh straight session, after a break for Christmas. The Kospi (KR:SEU) was up 0.1%, near its highest levels in over three weeks. Index heavyweights Samsung Electronics Co. (KR:005930) (! SSNLF) lost 0.1%, while steel producer Posco (KR:005490) (PKX) and auto manufacturer Kia Motors Co. (KR:000270) (KIMTF) gained 1.1% and lost 0.2%, respectively.

• [By Jeff Reeves]

  Other options include Korean steel giant Posco (PKX), though admittedly this is much more of a global player and subject to commodity trends instead of South Korean growth.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/5-best-asian-stocks-to-watch-right-now-2.html