Stocks for the Chinese New Year
Six Chinese picks with potential
Written by Douglas Estadt
I've opened positions in six stocks ahead of the Chinese New Year celebration. Here they are:
ChinaCast Education Corp (CAST): Online education company with a fantastic management team.
China Marine Food Group (CMFO): Present and growing popularity of night markets in more affluent cities will help this seafood snack producer.
American Oriental Bioengineering (AOB): AOB has many products on the list of Traditional Chinese medicines mandated by China to remain affordable for consumers.
China Precision Steel (CPSL): Smaller steel company that has performed well for us in the past, earnings report this coming Tuesday.
General Steel Holdings (GSI): Extremely acquisitive, always seeking the next rapidly accretive deal.
Cogo Group (COGO): Sitting on tons of cash and buying back shares which helps set a floor for their share price.
To learn more about these China stocks, view the video below.
To have some of your risk capital autotraded for you on Covestor Investment Management see my model here http://cv.im/models/profile/douglas-estadt
Copyright © 2014 Microsoft. All rights reserved.
Stocks drift lower and bonds are hit as investors await the Fed. Prepare for higher volatility this week.
VIDEO ON MSN MONEY
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.