China�� stocks rose the most in a month after companies from Qingdao Haier Co. (600690) to Northeast Securities Co. reported higher profit and a government economist forecast growth will rebound this year.
Qingdao Haier, China�� biggest refrigerator maker, advanced 1.9 percent. Northeast Securities capped its biggest weekly gain in two months. Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. (600111), the largest producer of the metal, paced a rebound for material stocks before the release of earnings today. China Southern Airlines Co., whose profit gets a boost from a stronger yuan, added 2 percent on speculation the currency will gain after the central bank signaled plans to widen a trading band.
��isted companies will achieve profit growth in the first quarter and that��l provide support,��said Zhang Qi, an analyst at Haitong Securities Co. in Shanghai. ��he slowdown in the economy and expectations about tightening liquidity have already pretty much been priced into stocks.��
Top China Companies To Buy Right Now: New Oriental Education & Technology Group Inc.(EDU)
New Oriental Education & Technology Group Inc. provides private educational services primarily in the People?s Republic of China. It offers a range of educational programs, services, and products consisting primarily of English and other foreign language training; test preparation courses for admissions and assessment tests; primary and secondary school education; development and distribution of educational content; software and other technology; and online education. The company?s language training courses primarily consist of various types of English language training courses, and other foreign languages, including German, Japanese, French, Korean, and Spanish. It offers test preparation courses for language and entrance exams used by educational institutions in the United States, the People?s Republic of China, and commonwealth countries. The company also operates primary and secondary schools in Yangzhou. In addition, New Oriental Education & Technology Group Inc. deve lops and edits content for educational materials for language training and test preparation, such as books, software, CD-ROMs, magazines, and other periodicals. It distributes these materials through various distribution channels consisting of own classrooms and bookstores, as well as third-party distributors. Further, the company offers various online education programs on its Web site, koolearn.com. Additionally, it provides consulting services to help students through the application and admission process for overseas educational institutions, as well as post-secondary educational programs to help students seek career opportunities; and operates two pre-schools. The company offers educational services under the ?New Oriental? brand name. As of May 31, 2010, it offered education programs, services, and products through a network of 48 schools, 319 learning centers, and 25 bookstores. The company was founded in 1993 and is headquartered in Beijing, the People?s Republic of China.
Advisors' Opinion:- [By James K. Glassman]
52-Week High: $29.19
52-Week Low: $9.41
Annual Revenue: $841 million
Projected 2013 Earnings Growth: 30.4%
New Oriental Education & Technology Group (symbol: EDU), which I recommended for 2010, gained a lovely 48% over the following 12 months. For the past year, however, New Oriental -- which dominates the market for private educational services in China (55 schools and 726 learning centers) -- has taken a dive, as have many Chinese stocks. It's now close to its early-2010 price, even though revenues have doubled. - [By James K. Glassman]
New Oriental Education & Technology Group (symbol: EDU), which I recommended for 2010, gained a lovely 48% over the following 12 months. For the past year, however, New Oriental -- which dominates the market for private educational services in China (55 schools and 726 learning centers) -- has taken a dive, as have many Chinese stocks. It's now close to its early-2010 price, even though revenues have doubled.
- [By Robert Hsu]
The company will change the ratio of its shares on August 18—essentially the same thing as a four-for-one split. So, if EDU is trading at $120, shareholders will receive four shares worth $30 each.
As I’ve mentioned, I think the stock split is bullish for stock performance, because more small retail investors may be interested in purchasing EDU stock at the lower price.
A good example of this stock split effect is Baidu. Baidu did a 10-for-1 split last year when the share price was around $800. Since then, Baidu’s price has almost doubled! EDU is a buy.
- [By Kevin1977]
The demand for English-language education is particularly strong in China right now, and people are willing to pay a lot of money for training that will enable them to communicate and conduct business globally. As China’s largest private education services company, New Oriental Education & Technology (EDU) is the way to play this powerful trend.
Top China Companies To Buy Right Now: Vanceinfo Technologies Inc(VIT)
VanceInfo Technologies Inc., together with its subsidiaries, engages in the provision of information technology (IT) services. The company offers research and development services in various phases of development, including requirements analysis, concept generation, product realization, quality assurance and testing, and technology and information transfer; and develops software products, such as middlewares, Internet protocols, and other software. It provides enterprise solutions for packaged evaluation and selection, packaged implementation, customization, regional rollout, version upgrades, and business intelligence/data warehouse, as well as enhancement, maintenance, and product support; and designs, develops, and implements software solutions to meet various client requirements, and provides maintenance services for software systems. VanceInfo also offers customized and automated testing practices, which include functional testing, globalization and localization testi ng, automation testing, performance testing, remote testing, and test process consulting; and globalization and localization services that comprise software and content localization, localization engineering, localization testing, internationalization engineering, and internationalization testing. The company serves technology, telecommunications, financial services, manufacturing, and retail and distribution industries primarily in China, the United States, Europe, and Japan. VanceInfo Technologies Inc. was founded in 1995 and is headquartered in Beijing, the People?s Republic of China.
Top 5 Undervalued Companies To Invest In Right Now: Bona Film Group Limited(BONA)
Bona Film Group Limited distributes films in the People?s Republic of China. It distributes films to movie theaters, as well as to non-theatrical distribution channels, including DVD and Blu-ray and other home video products; Internet and digital distribution; in-flight entertainment; and cable, satellite, and broadcast televisions. The company also invests in the production of Chinese and Hong Kong films in order to obtain the distribution rights for movie theaters and non-theatrical channels. In addition, Bona Film Group operates six movie theaters in five cities of the People?s Republic of China; operates a talent agency business that represents artists; and involves in film advertising and television production businesses. The company was founded in 2003 and is headquartered in Beijing, the People?s Republic of China.
Top China Companies To Buy Right Now: Universal Travel Group(UTA)
Universal Travel Group, together with its subsidiaries, operates as a travel service provider offering air ticketing and hotel booking services, as well as domestic and international packaged tourism services via the Internet, customer representatives, and kiosks in the People?s Republic of China. It also provides technological solutions to travel reservations, and tour planning and tour guide services. In addition, the company operates TRIPEASY Kiosks, which are placed in hotels, office buildings, banks, shopping malls, and MTR stations for travel booking with credit cards or bank debit cards. Universal Travel Group is headquartered in Shenzhen, the People?s Republic of China.
Advisors' Opinion:- [By Louis Navellier]
As China’s economy grows, the Chinese middle class has taken flight — literally. Providing the travel arrangements for this newfound class of Chinese travelers is Universal Travel Group (UTA).
The company provides domestic and international airline ticketing services, along with cargo transportation agency services. But it’s not just flights that UTA helps citizens book. The company also provides hotel reservations, tour planning, ground transportation, railway and express delivery and air delivery services.
UTA is the travel agency in China, and considering the shares have booked a 190% gain over the past 12 months, it certainly seems like the sky is the limit for UTA.
I rate UTA an A, making it a strong buy.
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