From Cabot Wealth Advisory, 3/9/09 Sign up for free Cabot Wealth Advisory e-newsletter
China Distance Education (DL) is a tiny Chinese company that offers online education programs. In the fourth quarter, revenues grew 171%. Chinese stocks in recent weeks have been acting better than U.S. stocks, and DL is one of the leaders, loved by almost no one in the U.S. Just note that it’s low-priced and volatile. It topped 5.50 today but would be more attractive on a pullback toward its 25-day moving average, now around 4.80.
Editor’s Note: China Distance Education has been recommended by Cabot China & Emerging Markets Report, your best source of advice when it comes to investing in Chinese stocks. In fact, Cabot China & Emerging Markets Report was the top performer of all investment advisory newsletters in both 2006 and 2007, bringing subscribers who followed editor Paul Goodwin’s advice gains of 78.6% and 74.1%. For most of the past year, Paul’s subscribers have been heavy in cash, preserving their profits. But Chinese stocks have been heating up, and we’re very optimistic about their prospects in 2009. If you’d like to own the top-performing Chinese stocks as they rocket ahead in the next bull market, I strong recommend that you join them. To get started with a no-risk trial subscription, simply click here: More on Cabot China & Emerging Markets Report
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