We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Welcome to Episode #203 of the Zacks Market Edge Podcast.
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.
This week, Tracey is joined by Zacks Product Manager Harry Kougias, who is Greek and regularly returns to Greece.
This is Harry’s fourth appearance on the Zacks Market Edge to talk about Greece. He was on the very first podcast back in 2016.
Back then, the future seemed dire for Greece as it was going through a leadership change and instituting cuts in pensions under the austerity program.
But in 2018, Greece’s GDP grew 1.9%, which was better than economic powerhouses Germany or France, and is expected to be just over 2% this year.
Even as some parts of the Eurozone have slowed, Greece is expected to ramp up growth closer to 3% in 2020.
Greek Stock Market Soars
Investors have noticed the change in circumstance and have jumped into the Global X Greek ETF (GREK - Free Report) in 2019.
Shares of GREK have soared 44.2% year-to-date as the overall Greek stock market is up 47.3%.
That’s it’s best years since 1999.
But other than the Greece ETF, how else can investors get in on the rebound in Greece?
Stocks to Tap the Tourism Boom
Greek tourism continues to flourish despite Brexit, the failure of travel agent Thomas Cook and the slowing of the German economy. The Bank of Greece expects 2019 to be another record year for the tourism industry.
Most hotels in Greece are family and locally owned so there’s no easy REIT to invest in.
But several US airlines have been adding flights to Greece as demand increases including United Airlines (UAL - Free Report) and American Airlines (AAL - Free Report) .
Cruising continues to be popular as well with Royal Caribbean (RCL - Free Report) one of the companies that serves the market.
But many people can’t actually make a trip, so they can only dream of one on social media platforms like Pinterest (PINS - Free Report) .
What else do you need to know about Greece heading into 2020?
Tune into this week’s podcast to find out.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
Image: Bigstock
Is Greece Still an Investing Opportunity?
Welcome to Episode #203 of the Zacks Market Edge Podcast.
Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.
This week, Tracey is joined by Zacks Product Manager Harry Kougias, who is Greek and regularly returns to Greece.
This is Harry’s fourth appearance on the Zacks Market Edge to talk about Greece. He was on the very first podcast back in 2016.
Back then, the future seemed dire for Greece as it was going through a leadership change and instituting cuts in pensions under the austerity program.
But in 2018, Greece’s GDP grew 1.9%, which was better than economic powerhouses Germany or France, and is expected to be just over 2% this year.
Even as some parts of the Eurozone have slowed, Greece is expected to ramp up growth closer to 3% in 2020.
Greek Stock Market Soars
Investors have noticed the change in circumstance and have jumped into the Global X Greek ETF (GREK - Free Report) in 2019.
Shares of GREK have soared 44.2% year-to-date as the overall Greek stock market is up 47.3%.
That’s it’s best years since 1999.
But other than the Greece ETF, how else can investors get in on the rebound in Greece?
Stocks to Tap the Tourism Boom
Greek tourism continues to flourish despite Brexit, the failure of travel agent Thomas Cook and the slowing of the German economy. The Bank of Greece expects 2019 to be another record year for the tourism industry.
Most hotels in Greece are family and locally owned so there’s no easy REIT to invest in.
But several US airlines have been adding flights to Greece as demand increases including United Airlines (UAL - Free Report) and American Airlines (AAL - Free Report) .
Cruising continues to be popular as well with Royal Caribbean (RCL - Free Report) one of the companies that serves the market.
But many people can’t actually make a trip, so they can only dream of one on social media platforms like Pinterest (PINS - Free Report) .
What else do you need to know about Greece heading into 2020?
Tune into this week’s podcast to find out.
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>