On his Stockpickr website, James Altucher writes about "Five Chinese Stocks Poised to Double". Altucher is a serial entrepreneur who writes an entertaining column in the Financial Times in addition to his work on StockPickr, and, like his friend Jim Cramer, has no shortage of stock ideas. I tend to put weight in someone's stock recommendations in an inverse proportion to the number of recommendations that person makes. That said, with the Chinese stock market down so much, there may be some bargains there, so Altucher's picks may be worth a look. Perhaps reader and China hand J.K. will offer his opinion on these. J.K. has had some successful investments in Chinese stocks and is also knowledgeable about some their unique risks. Here are the five companies Altucher recommends (Altucher's column includes descriptions of each of their businesses):
Giant Interactive (GA)
China Precision Steel (CPSL)
Cogo Group (COGO)
China BAK Battery (CBAK)
Shengdatech (SDTH)
Showing posts with label China BAK Battery. Show all posts
Showing posts with label China BAK Battery. Show all posts
Saturday, August 16, 2008
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