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China Mobile (CHL) A 'stellar' idea

"One trend that we do know is already in place is China; not only is it growing, but it has a phenomenal amount of resources -- including its population," says Richard Schmidt.

In his Stellar Stock Alert., he states, "To increase our holdings of Chinese-based companies, we are now adding China Mobile Limited (NYSE: CHL) to our growth stock buy list."

"With one of the world's largest populations, China has all the human resources it needs to continue to expand.

Continue reading China Mobile (CHL) A 'stellar' idea

China expert calls on wireless

This post is part of a 12-article feature on the best bets for investing in China. To see all the other recommendations in this special report, click here.

"Holding both of China's largest wireless carriers -- China Mobile (NYSE: CHL) and China Unicom (NYSE: CHU) gives investors something of a hedge in the event that one company takes a large amount of business from the other," says China expert Jim Trippon.

In his The China Stock Alert, he adds, "Although this is a safety measure for investors, we don't expect massive erosion in either company's subscriber base as the telecom sector and 3G service continue to expand in China.

Continue reading China expert calls on wireless

Best Stocks for 2008: Asian expert dials up China Mobile (CHL)

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.

"My favorite conservative idea for 2008 is China Mobile (NYSE: CHL)," says Tony Sagami, editor of The Asia Stock Alert. "Because of instant delivery and low cost, text messaging has rapidly become a wildly popular means of communication among young people.

"Text messaging over SMS (Short Messaging System) wireless systems is very popular in America. But one country sends more text messages than anybody else in the world: China.

"One out of every two SMS text messages sent in the world are sent in China. Typically, the cost of a text message in China costs about 10 fen (or 1 cent), so we're talking about a mountain of money. Indeed, in China mobile phone users are expected to send over 1 trillion text messages by the end of this decade.

"For investors, that gargantuan growth spells opportunity. And in China, the company poised to serve and profit from this trend is China Mobile, the largest wireless phone company in the world with 356 million subscribers and a dominant share of the rapidly growing Chinese wireless market.

Continue reading Best Stocks for 2008: Asian expert dials up China Mobile (CHL)

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IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 12:20 PM

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