Consider tactical long China Mobile Limited
- China Mobile Limited (941 HK): Time to connect; go long
- Thyssenkrupp AG (TKA GY): Take profit on longs; target met
China Mobile Limited is the largest mobile operator in Mainland China. It trades at 11.2x forward price-to-earnings (P/E), well below Bloomberg’s composite mean for the sector, and offers a 3.5% dividend yield, according to DBS Group Research, which also has a buy rating on this stock. To read the full report, download the PDF.
Thyssenkrupp AG manufactures industrial components. The company produces flat rolled and cast steel, automobile parts, elevators, and escalators. The stock trades at 16.0x forward price-to-earnings (P/E), slightly above Bloomberg’s composite mean for the sector. Societe Generale has a Buy rating on the stock. To read the full report, download the PDF.
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