Essay - Ici Bank: a Growth Stock for the Future There are...

ICI Bank: A Growth Stock for the Future

There are many unknown factors in the US economy that will determ*****e the success of any stock. The year 2007 is over ¼ of the way complete and it is too early to see forecasts for 2008. We cannot determine the growth rate ***** the ***** economy. Trends up to this point ***** no indication of future trends. ***** do *****t know the direction of US interest rates. There are hints ***** the Fed's will cut interest ***** from 5.25% to 5% sometime in May of ***** (Jubak, 2006). Inflation levels are another un*****n that will affect stock decision. Thus far, oil prices have continued to climb and it is likely that oil prices ***** continue ***** climb as the year progresses (Jubak, 2007). These internal factors will have a signific*****nt impact on ***** decisions ***** ***** ***** the remainder of 2007.

Several external factors also will affect which sectors grow, and which ones play dead in the US economy. Economists outside of the US ***** forecasting higher growth than those inside the US. European economists expect real growth at around 2.4% in 2007, while forecasters in the US expect it to hit only 2% or less (Jubak, 2006). Expect*****ions are that ***** US *****llar will remain weak and ***** slide even lower than it is now, making it less attractive to f*****eign inves*****rs (Jubak, 2006). It appears that the ***** economy ***** gaining strength, but one must exercise caution with rising oil ***** and higher interest rates on the horizon.

***** to Charles Schwab, the top sectors for 2007 are Financial, Information and Technology, ***** Health Care. These ***** are expected to comprise nearly 56% of ***** total ***** for 2007 (Sorenson, *****).

Source: Sorenson, (2007)

Cautious economists suggest that the bull market is coming to an end ********** that we have to turn our strategies to bear ***** strategies (*****, 2007). This will mean ***** need ***** change strategies for many of us. The challenge ***** 2007 is how to obtain growth in a turbulent ********** unpredictable economy. ***** answer lies in *****vestment in *****p ***** sectors. The best sector for 2007 ***** the financial ***** and this is the sector in which to invest for growth in *****.

ICICI ***** and ***** Future

***** largest growth sector for 2007 is the f*****ancial sector. With a sagging US economy ***** a potential turn towards a bear market in ***** US, many investors are looking outside of the ***** for growth opportunities. Emerging markets, such as India provide will provide exciting opportunities for ***** ***** in the future. The key to capturing India's ***** for growth is in the ability ***** extend services to capture rural areas (Das, 2006). One ***** ***** key problems in the past was *****frastructure development. ICICI bank chose to target an underserved niche in the Indian economy. ***** niche is the ***** to growth for ***** bank. The key to growth in any industry is to