E-House (NYSE: EJ) positions itself as an asset-light real estate services firm that helps real estate developers sell properties. Because of the increase in monetary supply, there's been an incredible increase in property sales volume.
For the second quarter, the company reported a 172% increase over the same quarter last year!
What's even better is that I think the Chinese property market is still in the early stages of a new bull market. So demand remains high, and E-House stands to benefit greatly in the months to come. Shares are already up nearly 170% year to date, but there's plenty of room to run. Don't miss out!
Closing Bell: Can't go up every day (BAC, HE, HPW, COMS, BRCD, WMT, AMD)
Wal-Mart grows profit and cash flow in Q3, but comps still ailing
Chasing Value: Ten stocks for 2010 -- Part 2
