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Jim Oberweis Thinks Chinese Stocks Are Cheap - Index Trading at Seven Times Earnings

July 01, 2013 | About:
CanadianValue

Canadian Value

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Jim Oberweis thinks that the Chinese leadership will not let growth in China slip below the 6% to 7% range. He thinks this provides investors in China with a little bit of insurance policy.

He thinks consumer discretionary companies, health care and e-commerce companies in China are prime for growth in the future.

Oberweis believes that stocks in China are cheap and investors picking the correct sectors will do very well.

Oberweis quotes the MSCI China indice as being valued at six to seven times earnings and less than one times price to book. Those clearly are some pretty intriguing multiples.



About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

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Comments

cubsfan
Cubsfan premium member - 9 months ago
Chinese stocks are cheap if you can believe the numbers. Lots of investors have been

burned by accounting frauds and little investor protection.
jameshou
Jameshou premium member - 9 months ago
There are too many crooks there. My advice is that you should not touch Chinese stocks.

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