Thursday, January 31, 2008

Top 25: #4 China Mobile

CHL 75.52 +1.60 (+2.2%)
50-day SMA: 84.96 | 100-day SMA: 85.17 | 200-day SMA: 68.81
China Mobile, like McDonald's, is here to stay. Just because we don't see it doesn't mean there aren't billions of customers in the Middle Kingdom. Relatively safe, still growing, and beaten-down cheap below its 100-day SMA.

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