As I am a newbie here on Steemit, and a person who has been investing for the best part of 20 years, I thought some of you might be interested to look into what I consider to be my favourite stock for now. I hope this will not put you off, but it is a Russian company, which happens to be listed on the NYSE under MBT
Mobile TeleSystems (MBT)
With a P/E of just over 10, amazing growth and amazing growth potential all the while paying a dividend yield of about 8%. This company has next to no competition and serves the whole of Russia. I purchased it 9 months ago, it is up 25% and I expect this growth to continue.
Now that I feel safe that the USA will not start of direct nuclear confrontation with Russia, given that Hillary Clinton lost the elections, I see nothing in the way of MBT continuing it's rapid growth all the while rewarding investors with an 8% dividend yield.
MBT is my largest holding, I strongly encourage all investors to have a look at it, it is not easy to find such gems in todays markets.
Invest safely
Poptheb
awesome share Alex! thank you for this information!
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