For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.
"Our top speculative idea for 2008 is China Direct (ASE: CDS)," says Jim Trippon, editor of The China Stock Digest. "China Direct is an aggressively expanding US-based firm that has grown exponentially over the course of the past year -- from a start-up with meager profits to a thriving concern with a sharp revenue growth curve. Share prices are following suit.
"China Direct's management division acquires controlling stakes in Chinese companies and then provides investment capital and active management. Its consulting division assists other companies in China and the US in establishing and maintaining a presence in the US capital markets.
"The company says that, as a direct link to China, it serves as a vehicle allowing investors to directly participate in the rapid growth of the Chinese economy in a diversified and balanced manner.
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