No. of Recommendations: 0
2 Emerging mkt stocks to watch : DEER & NEP
#1 DEER is a black & decker product supplier
#2 NEP the next 10 bagger in CHINA (China North East Petro)
Dec 11, 2009 09:49 AM | about stocks: NEP, DEER, SHI, CEO, PTR, CVX, BP, COP
Symbol NEP,
I believe strongly this NEP is a 10 bagger in the making. NEP only needs to grow a tiny fraction of PTR, SHI or CEO to turn into a 10 bagger.
Currently forward PE is under 5
We all should know by know that China's oil demand is only going to increase going forward. That makes NEP a perfect candidate to become a 10 bagger in 2010-2011.
Disclosure: long NEP, DEER
Stocks: NEP, DEER, SHI, CEO, PTR, CVX, BP, COP