2007-01-08 11:00:37 · 14 answers · asked by jamv0051 3 in Business & Finance ➔ Investing
ry this stock:
China Mobile (CHL). Growth in population in China as well as expanding economy make this sleeping giant a perfect play. The stock is $43 with a forward p/e of 17 and pays a 4% divvy.
CHL has 1 billion in potential new customers. It's also hedge against the falling dollar. Chinese people often don't have computers so the phone they buy will be their access to the Internet. Google and CHL just inked a deal that let's CHL suscribers get on the internet via phones.
CHL is a monopoly that is protected by the Chinese government. CHL is also the industry leader with 65% market share. Superb balance sheet. It's stock price is trading at a discount to its growth rate.
China is where the growth is right now, you want to be in this stock. By 2010, this stock will double and you get the divvy to boot.
2007-01-08 11:05:38 · answer #1 · answered by Anonymous · 1⤊ 1⤋
I have to agree with the responder that mentioned CHL. I own a great deal of it and it is my very best performing holding. World's largest cell phone company in the worlds largest and world fastest growing country. Heck they even pay a decent dividend. And what self respecting Chinese would be without the number one status symbol other than an automobile.
The only reason I do not buy more is because there is too much risk in owning an overly large amount of any one stock. I own as much as I dare to.
If however I had only sufficient funds to own just one stock, it would be either TDF or CHN, two closed end funds that invest in Chinese companies. Overall less risk, but still significant risk.
2007-01-08 21:03:30 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Depends what my goal was. If I am looking to make as much money as possible, understanding that risk will be higher then normal, I'd probably pick an ethanol / bio-fuel stock. I believe this will be the next big thing over the upcoming 5 -15 years.
2007-01-08 19:11:48 · answer #3 · answered by Dave H 1 · 0⤊ 0⤋
Berkshire Hathaway A. It's worth more than 100 grand a pop
2007-01-08 19:04:09 · answer #4 · answered by Anonymous · 1⤊ 0⤋
Right now, Apple, ticker aapl, is where I hold the majority of my assets. They are the dominant player in the every growing mp3 market, they are consuming market share with their macs and laptops, and they are announcing some very new and innovative products to roll out this year. They will announce them tomorrow at the Vegas convention. iTV and iphone (I know they will not use these names, but it's just easier to call them this) will be the most prominant.
Not only that, aapl announces 4th quarter earnings on the 17th of this month, which they should just crush.
2007-01-08 19:05:09 · answer #5 · answered by JustJake 5 · 0⤊ 0⤋
Berkshire Hathaway.
2007-01-09 04:16:44 · answer #6 · answered by Anonymous · 0⤊ 1⤋
Lockheed (LMT). There was a piece today in the WSJ about how three aircraft companies are increasingly sewing up the market and Lockheed is one of them. I like them for their book of missile business.
2007-01-10 15:05:47 · answer #7 · answered by Rabbit 7 · 0⤊ 0⤋
Berkshire Hathaway, of course (A shares, naturally)
http://finance.yahoo.com/q?s=BRK-A
It has them all beat. See why
2007-01-08 21:20:50 · answer #8 · answered by Richard E 4 · 0⤊ 0⤋
Berkshire Hathaway. I wish I were able.
2007-01-08 19:03:22 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Microsoft, handsdown.
2007-01-08 19:03:37 · answer #10 · answered by Ronijn 4 · 0⤊ 0⤋