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Asian bargain: Two favorites from Sagami

 Oct 31, 2008 04:00 AM UTC
Symbol Sentiment Start Return Closed
CTRP n/a
MR n/a

Graphic_arrow1 Via TheStockAdvisor:  

 “The best investment deals on the planet are in Asia — and the size of the rebound rally will be the biggest surprise of all,” says Asian stock expert Tony Sagami.

Here, the editor of The Asia Stock Alerts looks at his two current favorite plays in Asia -- Mindray Medical (NYSE: MR) and CTrip.com (NASDAQ: CTRP).

“The recent drop in Asian markets is an opportunity. Vvaluations are cheap. The average P/E of Asian markets is a bargain-basement 10.3, the lowest since at least 1995.

“Buying stocks in rapidly growing economies selling at just 10 times earnings after a 60% haircut is a fantastic bargain.

“I absolutely believe that Asia still has many years of great growth ahead of it. And I absolutely believe that this is the time to be a buyer instead of a seller of Asia’s best companies.

“Many of the stocks we follow have fallen recently. But since none of us have unlimit

...




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ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 17.79 +39.36% 77
2 15.74 +15.90% 10
3 14.31 +16.71% 41
4 14.15 +22.86% 16
5 13.66 +30.39% 183


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