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S&P 500: 1,340.35 Change: -0.84%
DemonSeed
P&P Score: 85.32 | Points: 4.09 | Accuracy: 55.06 | Average Pick Score: 9.61   Annual Return: N/A  
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Commentary
BUY: FUQI INTERNATIONAL INC. (FUQI) Rating: 2
Start Price: $6.26
Points: +165.48
Created: 12/04/2008
Trading at very low PE and PEG, high sales and earnings growth, good ROE & ROA, beating earnings estimates + recent revision upwards, high 5 year growth forecast.

Stock price has been cut in half since August, and I see no reason for that. They again recently guided above estimates back in November. Stock looks like a great buy to me. I'd go as far as to say it looks like one of the top 5 stocks I have rated, just IMO.

This company sells jewelery in China, so continued growth depends on economic conditions in China, which has had rapid economic growth over recent years.

1 Comment(s):

Author DemonSeed     Date 2010-01-22 17:20:02
High rise in price since pick was made but has been underperforming recently.
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