Cabot China & Emerging Markets Report Editor Paul Goodwin is CNBC speaking about the enormous opportunities in those areas right now: http://www.cnbc.com/id/15840232?video=1157140862&play=1. Hulbert Financial Digest ranked his investment advisory as #1 for the last five years, with a return of 22.2% versus a -1.3% return for the Dow Wilshire 5000 over the last five years.
I look around to see what history is happening in the world now and I see above all the rapid development of China. While here in the U.S. we struggle to regain positive economic growth, this year China’s economy will grow 8% … maybe more. Which means China is a great place to find growth companies! One of my long-term favorites in the country is Ctrip.com (CTRP), which has the country’s biggest travel-related Web site. The company’s revenues were $99 million in 2006, $160 million in 2007 and $215 million in 2008. Earnings were equally impressive. The stock came...
