Asia might be the future, and Europe might be cheap - but the stock market that has actually delivered the goods so far in 2012 is the American one. US companies are lean, profitable and stuffed with cash, and the US economy is also faring better than most developed peers; it's expected to grow by between 2 and 3 per cent this year.
IC TIP:
Buy
at
264.9p
Tip style
Growth
Risk rating
Medium
Timescale
Long Term
Bull points
Bear points
- US indebted
- More expensive than US ETFs