Investing Update | February 6, 2012 You can enjoy salsa music even if you live in Denmark. Similarly, a company can be identified as Latin American even if its headquarters happens to be well outside the region. In fact you can also enjoy substantial investment gains too from globally-focused stocks. Cemex, our top pick in this newsletter is up over 100% since being recommended and is a prime example of how emerging market companies can be based anywhere. Our emerging market coverage list includes some firms domiciled in Europe, Australia, Canada and the United States whose fortunes are tied in varying degrees to the economies of Latin America. For example, consider our first pick here - a company that benefits from Brazil's role as the world's largest exporter of sugar and its huge need for fertilizer imports. It's Bunge Ltd. (NYSE:BG), domiciled in White Plains, NY, the international agribusiness giant with sugar, bioenergy and fertilizer operations. The firm either owns or controls sugarcane plantations, mills and ethanol plants throughout Brazil. In addition, nitrogen fertilizers Bunge produces in Argentina are distributed throughout Latin America. Even though long-term earnings per share growth is estimated at 10% annually to follow up on the firm’s most recent five-year EPS compound growth of 27%, its shares have been changing hands at only a fraction more than (price/earnings ratio divided by EPS growth—with ratios less than one considered desirable) stands at less than 1.0. The shares of the $8.4 billion market cap firm have recently been priced at only 77% of book value. For more emerging growth stock trading ideas like this one, download the attached update and ... Happy trading! Rudy The highest gaining stocks in the week included: Cemex SAB de C.V. (NYSE:CX) +22% [This represents over a 100% rise in this stock since we recommended it for LSI subscribers !!] Gafisa S.A.(NYSE:GFA) +15% NII Holdings Inc.(NasdaqGS: NIHD) +12% If you can not see the file download button and link below for this posting it is because you are not logged in. Login or subscribe to see and download the latest trade ideas. It takes only 2 minutes to subscribe.