With blood on the tracks today, it’s hard to find a lot of attractive setups for new buying. But there’s one Chinese company that I’ve had my eye on for a long time, waiting for the chart to settle into a buyable situation. That may just have happened. Harbin Electric (HRBN) is a maker of electric motors, including rotary, linear and specialty micro-motors. Ninety percent of sales are within China, and revenues have increased by 85% annually for two years in a row. Earnings growth reached triple digits in three out of the last four quarters and the company...
