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Ranking the 10 Best Stocks for 2012

8 of 10 experts' picks are at double-digit gains year-to-date

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No. 6: Turkcell

Turkcell TKCCurrent Return: +15%
: Charles Sizemore

Charles Sizemore, editor of the Sizemore Investment Letter, is a firm believer in emerging markets as part of your portfolio. Last year, Charles picked the Best Stock for 2011 with his recommendation of Visa (NYSE:V) — based in large part on a thesis of strong emerging market growth for the payment processor. And this year, he once again looked to overseas opportunities with Turkcell (NYSE:TKC).

“The best-performing stocks on the (Best Stocks for 2012) list are some of the most cyclical, and I am quite happy to see that,” Charles said in a recent Turkcell update. “It means investor risk appetites are returning. Barring a major blowup coming out of Europe, I expect this to continue, and I recommend investors maintain overweighted positions in the beaten-down markets of Europe and emerging markets.”

In short, TKC was a bargain buy amid the panic and should continue to show strength as the eurozone moves towards some favorable conclusion to the debt crisis.

Of course, like Santander, we could see a backslide in Turkcell stock if things go south for Greece. However, it’s hard to argue with market-doubling returns year-to-date in TKC.

Article printed from InvestorPlace Media,

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