BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Harbin Electric, Inc.: Motoring China for the long term]]>http://www.bloggingstocks.com/2007/06/19/harbin-electric-inc-motoring-china-for-the-long-term/http://www.bloggingstocks.com/2007/06/19/harbin-electric-inc-motoring-china-for-the-long-term/http://www.bloggingstocks.com/2007/06/19/harbin-electric-inc-motoring-china-for-the-long-term/#commentsFiled under: ,

As a strong player in the market of motoring China -- by this I mean providing motors to a wide variety of sectors -- Harbin Electric, Inc. (NASDAQ: HRBN) is a company with great long term potential.

Its specialty is linear motors and special electric motors, which it designs and markets not just to China but also abroad. Linear motors are more efficient motors, and Harbin holds three patents on its core technology that helps give it an edge over competition. The company supplies motors for a variety of industries and services, including factory automation, conveyor systems, oilfield services, packaging equipment and mass transportation systems. Based in Harbin, China it currently has 275 employees.

Although the company's fiscal year consensus EPS estimate was recently lowered from $0.89 to $0.74, I still think there is plenty of room for long-term growth. Based on the phenomenal industrial growth in China, which equates with a need for more motors in these key areas, along with the efficacy of HRBN's linear motors and its proprietary technology, as well as its push into new markets, I think Harbin will see excellent growth in the years to come.

Only recently listed on the NASDAQ exchange, Harbin also recently announced formation of a new subsidiary in the U.S. that focuses on expanding the company into the automation controllers market, and this along with its motor technology could allow it to lead the industrial motor marketplace. I think HRBN shows great potential within the next two to three years.

Type of stock: Cyclical stock in the industrial materials sector, Harbin Electric supplies linear motors and special electric motors to a wide variety of industries in China as well as abroad.

Price target: Harbin is a stock to buy and hang onto over the long-term (I emphasize long-term). Currently trading toward the higher end of its 52-week range, at $14.67, I'd feel comfortable buying Harbin now and socking it away in the portfolio for a few years. Within 24 months, you should see a double.

Hilary Kramer is a financial editor and money coach for AOL and an authority on investing. Visit her at www.hilarykramer.com.

Harbin Electric, Inc.: Motoring China for the long term originally appeared on BloggingStocks on Tue, 19 Jun 2007 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ChinaHarbin ElectricHarbinElectricHilary on StocksHilaryOnStocksHRBNTue, 19 Jun 2007 09:30:00 EST<![CDATA[Top 20 advisors: Ian Wyatt revs up for Harbin Electric]]>http://www.bloggingstocks.com/2007/06/18/top-20-advisors-ian-wyatt-revs-up-for-harbin-electric/http://www.bloggingstocks.com/2007/06/18/top-20-advisors-ian-wyatt-revs-up-for-harbin-electric/http://www.bloggingstocks.com/2007/06/18/top-20-advisors-ian-wyatt-revs-up-for-harbin-electric/#commentsFiled under: , ,

Last December, over 100 stocks were featured in our Top Picks for 2007 report. Now, at mid-year, we turn to the 20 advisors whose picks showed the strongest gains to get an update on their previous picks, as well as a new favorite stock for the second half of the year.

Ian Wyatt, editor of Growth Report, chose LJ International (NASDAQ: JADE) as his favorite for 2007, which rose an exceptional 173% and put Wyatt in the top spot among all advisors in the annual report. Here is his original recommendation and his current opinion on the stock.

For his favorite for the balance of 2007, he continues to look toward China, with his selection of Harbin Electric Inc. (NASDAQ: HRBN). The advisor explains, "Harbin is a growing manufacturer of linear motors in China. Revenues are currently derived in China, but the company has its sights on international markets.

"Strong demand for industrial applications in China will drive the market for linear motors, including factory automation, airport applications, packaging and the oil service industries. Low-cost manufacturing facilities in a modern, 200,000-square-foot manufacturing facility, coupled with cheaper labor costs in China, give Harbin an added competitive advantage.

"A linear motor is an electric motor that produces linear force, in contrast to the rotary torque produced by conventional motors. More important, linear technology is clean, efficient, and generates high speeds. Other advantages include quietness, lower long-term maintenance costs, small size, easy control and installation, and the ability to be used in adverse conditions.

Continue reading Top 20 advisors: Ian Wyatt revs up for Harbin Electric

Top 20 advisors: Ian Wyatt revs up for Harbin Electric originally appeared on BloggingStocks on Mon, 18 Jun 2007 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>favorite stocksfinancial newsletter advisorsGrowth ReportHarbin ElectricHarbinElectricHRBNIan WyattIanWyattJADElinear motorsLJ Internationalsteven halpernthestockadvisors.comtop stock picksTopStockPicksMon, 18 Jun 2007 10:00:00 EST