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The stock market will reopen tomorrow after a three-day break. So grab a pen and get ready to add these picks to your list of stocks to buy tomorrow.
You see, every day our Money Morning experts deliver the best stocks to buy across a range of sectors. Then each week we collect the latest recommendations in one roundup, in case you missed any.
Money Morning Tech Specialist Michael A. Robinson last week recommended a semiconductor testing company in the midst of a turnaround. Resource Specialist Peter Krauth shared two exchange-traded funds (ETFs) for profiting from a country whose economy is growing faster than China's.
And there's plenty more. You can find all of last week's recommendations here in our newest list of stocks to buy tomorrow.
Top Stocks to Buy Tomorrow
- "Turnaround" plays can be lucrative, but risky. Not every struggling company that undertakes a turnaround will succeed. But Money Morning Tech Specialist Michael A. Robinson looks for three tell-tale indicators of a solid turnaround candidate. They include a change in management at the top; avenues for new growth, like new products, markets, or ways of doing business; and improving financials. And a company that supplies specialized testing equipment to the semiconductor industry exhibits all three signs. A new CEO hired in 2010 brought with him a bird's eye view of the entire global chip industry. A strategic acquisition in late 2012 allowed the company to expand into the rapidly growing mobile market. And in Q4 2014, the firm's year-over-year revenue jumped some 47% to $71.3 million. The biggest reason this is on our "stocks to buy tomorrow" list is the stock currently trades at less than $9 a share, but Robinson predicts it will soar 50% in less than three years…
- India's economy is booming. The International Monetary Fund just raised its forecast for the country's growth from 5.6% to 7.2% for this fiscal year and from 6.3% to 7.5% for next year. In contrast, China's growth is projected to decline from 6.8% this year to 6.3% next year. India is already serving as the first president of the BRICS New Development Bank, formed in July 2014. Now it's looking to link up with even more of its neighbors via the Eurasian Economic Union, which came into effect in January. India is well-positioned to benefit from joining forces with these markets. Its huge population is young and dynamic, and its expertise in fields like engineering and IT make India's outlook even more promising. Resource Specialist Peter Krauth revealed two India-centric ETFs to invest in to profit from the country's economic growth – one gained 64% in 2014 and is up 11.19% so far in 2015…