Harbin Electric (HRBN) – 12-10-2007
Here’s a stock that seemed interesting to me. This one probably won’t be for the faint of heart, seeing as how it’s a Chinese company with a market cap under $400 million. It’s had pretty good growth though and most of the numbers seem fairly in line. Today it had a little bit of a breakout, going over 20 but not getting super extended. Trading a follow through over 21 would give you a stock with 5% risk and a pretty high upside. If the broader market gives a thumbs up, this will definitely be one towards the top of my list in the near future.
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