New additions to Roth MKM’s ADR portfolio for September

Roth MKM analysts updated their top ideas within their ADR universe.

ADRs are U.S. dollar certificates that trade on American stock exchanges tracking the price of a foreign company’s domestic shares.

Analysts are overweight Argentinian stocks (NYSEARCA:ARGT) at the country level, and health care (IXJ) at the sector level.

These are the additions:

Within communication services (IXP): Hello Group Inc. (MOMO), KT Corp. (KT) and Vodafone Group Public (VOD).

Within consumer discretionary (RXI): Atour Lifestyle Holdings (ATAT), 51Talk Online Education Group (COE) and Sony Group Corp. (SONY)

Within consumer staples (KXI): Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera Agropecuaria (CRESY)

Within energy (IXC): Transportadora de Gas del Sur SA (TGS), and YPF Sociedad Anónima (YPF)

Within financials (IXG): Qifu Technology (QFIN), and Grupo Financiero Galicia SA (GGAL)

Within health care (IXJ): argenx SE (ARGX), BeiGene Ltd. (BGNE), BrainsWay Ltd. (BWAY), Centessa Pharmaceuticals Plc (CNTA), Mereo BioPharma Group Plc (MREO), and Verona Pharma Plc (VRNA)

Within technology (AIQ): VNET Group Inc. (VNET)

Within materials (MXI): Loma Negra Compania Industrial Argentina SA (LOMA)

Within real estate (RWO): IRSA Inversiones y Representaciones SA (IRS)

Within utilities (JXI): National Grid Plc (NGG), and Pampa Energia SA (PAM)