"As the government gives more and more freedom to businesses, we'll see these resources put to good use. This is an undeniable trend that is just gaining momentum.

"In our view, we're in the right place at the right time with investments in China. China itself is the next Big Thing -- and it's really BIG. We fully intend to ride that wave.

"China Mobile is a Hong Kong based provider of digital voice and data services for China. The company has consistently been growing, and the stock is on a recent dip; it's decline to $52 -- a 25% off from it's 52-week high -- is our buy signal.

"As we move more into Chinese stocks, it makes perfect sense to look at the Chinese telecommunications industry. We've had great success with telecommunication companies in the past.

"But we don't want to pick a stock just because it's Chinese or just because it's a telecom stock. We want to look at stocks on their own merit. And China Mobile is one of the strongest companies in China.

"China Mobile is a huge wireless telecommunications company on the mainland and in Hong Kong. The company has nearly half a billion subscribers.

"To put that in perspective, the entire population of the U.S. is only 300 million. China Mobile has nearly twice as many customers as we have people. It's an absolutely huge company.

"Like most companies around the world, CHL dropped hard after December 2007. It lost nearly two-thirds of its value, dropping from $100 a share to $34.

"After hitting bottom, it has started to claw its way back up and is now sitting around $50 a share -- still 50% below its high. So we have a unique opportunity to buy a huge company at half off.

"What's more, the stock's chart looks bullish. The 50-day moving average is above the 200-day average. The stock is trading above both averages. And the 200-day average just turned positive in July, giving us a strong buy signal.

"Because of the size and value of the recommendation, the risk rating is fairly low and the stock is rated a buy for those seeking a long-term investment strategy."

Steven Halpern's TheStockAdvisors.com offers a free daily overview of the favorite stock picks and investment ideas from the nation's leading financial newsletter advisors.