Top picks for the next six months. Buy LT calls on the dips:
IBN – Totally unconnected to U.S. Subprime or mortgage crisis
LFC – Again totally unconnected to U.S. Is one of the best Chinese ADRs, for a number of reasons. It’s off because Hong Kong is falling. Hong Kong is falling because it went up too fast in expectation of the Chinese funds outflow. Chinese funds outflow got delayed by the authorities, so Hong Kong is tanking. But the Chinese fund outflow will happen in 2008 – the Chinese have to cool the crazy Shanghai market. So LFC will climb.
AAPL – consumer electronics are still selling. The I-Phone is the favored holiday gift.
GOOG- people across the world aren’t going to stop advertising because the U.S. Economy are slowing down. In fact, they are just starting to advertise on the internet.
Also look at:
BIDU – Somewhat overvalued, but possibly with justification. Buy at about $300. Don’t pay too much for this guy or the volatility will give you a heart attack.
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