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2007-02-20 16:25:15 · 3 answers · asked by Anonymous in Business & Finance Investing

3 answers

One great stock and one great fund for you along with reasons why:

China Mobile (CHL). Growth in population in China as well as expanding economy make this sleeping giant a perfect play. The stock is $48 with a forward p/e of 17 and pays a 3.5% divvy. China is one of the best economies in the world right now. All our jobs are going there.

They are signing up 5 million suscribers A MONTH!!!

So you not only get the POPULATION growth, you also get ECONOMIC growth as well!!

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.

China hosting 2008 Olympics. Gonna send stocks there higher.

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 2009, this stock will double and you get the divvy to boot.

Also, try the Greater China Fund (GCH). They invest directly in Chinese companies. It's another great play, but not as good as CHL.

GCH is a way to play in China directly so instead of buying some crappy mutual fund, go with this one and get on the money train!!

2007-02-20 17:56:20 · answer #1 · answered by Anonymous · 0 0

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2016-11-24 21:25:38 · answer #2 · answered by crowner 4 · 0 0

Depends on your portfolio and what you want to do with it. Traditionally tech companies were strong stocks. Now though thanks to globalization the playing field is wide open. Do research and then talk to an advisor.

2007-02-20 16:34:33 · answer #3 · answered by ginzawasabi 2 · 0 0

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