Hot Stock Pick of the Week: Profit from China’s Export Crisis
Today's Financial News - Posted December 5, 2008
This company is making money hand over fist on China’s torrent of migrants back into the provinces. I recommend you buy shares in the coming weeks whenever the share price dips betwee $15 and $17. Hold in anticipation of gains of 20-25% by March. Click here to view…
by J. Christoph Amberger
Baltimore — (TFN): Is China about to single-handedly save the world economy with its trillion-dollar stimulus plan?
Some of my esteemed colleagues are again dreaming of a fresh, new commodities boom Made in China.
They may be in for a rough awakening. Because the credit crunch has teamed up with plummeting U.S. consumer spending to hit China where it hurts.
Some experts believe that in 2009, we might see export growth in China go down to zero.
That means mass unemployment in the Pearl River Delta… and a reverse mass migration out of the industrialized areas back into the Chinese hinterlands. In fact, that migration has already begun.
I’ve found one company that is currently making money hand over fist on this reverse torrent of migrants. I’ve written it up as your HSC Hot Stock Pick of the Week.
I recommend you buy shares in the coming weeks whenever the share price dips betwee $15 and $17. Hold in anticipation of gains of 20-25% by March.
If I’m wrong on this and Chinese manufacturing activity picks up considerably… well then, we’ll be set for waggonloads of coal and iPhones. Click here for our report.
Next Article: A dire trip around the world
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