Why we bought AUTC

AutoChina International takes leasing vehicles to a new level

By Wall Street Media on MSN Money Apr 6, 2010 6:46PM

Written by Douglas Estadt:

AutoChina International Ltd (AUTC) is involved in leasing commercial vehicles and providing after-sales support, road-side assistance, and value-added services. Check out some other reasons why we bought this stock:

 

  • Great opportunity to sell the "picks, axes and blue jeans" to Chinese entrepreneurs.

 

  • They lease the trucks that build the foundation for Chinese businesses and allow them to function properly (i.e. picks and axes).

 

  • Have low P/E ratio and recently completed secondary offering of 2 million shares at $35.

 

  • High insider ownership- it was announced that there was a $500,000 recent share purchase made by CFO Jason Wang

 

To hear more about AUTC, view the video below.

 

To have some of your risk capital autotraded for you on Covestor Investment Management, see my model here.

Visit Wall Street Media. We feature exclusive insights from the world's leading transparent investors.

 

Recent posts:

.

Why we bought Delcath Systems


0Comments

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

117
117 rated 1
280
280 rated 2
478
478 rated 3
656
656 rated 4
650
650 rated 5
640
640 rated 6
647
647 rated 7
482
482 rated 8
277
277 rated 9
126
126 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
AAPLAPPLE Inc10
ATVIACTIVISION BLIZZARD Inc10
CTSHCOGNIZANT TECHNOLOGY SOLUTIONS10
FOXATWENTY-FIRST CENTURY FOX Inc CLASS A10
ITUBITAU UNIBANCO BANCO MULTIPLO S.A.10
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.