This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

8 Emerging-Market Stocks to Watch

8. China Mobile (CHL) provides a range of telecommunication services throughout China.

For first quarter 2011, China Mobile reported a 5.4% year-over-year increase in net profit, to $4.1 billion. Sales for the period were up 8.3%.

Meanwhile, the average revenue per user per month during the quarter stood at 10 cents (67 yuan).

At the end of 2010, China Mobile reported 584 million mobile phone subscribers, compared with 311.3 million for China Unicom (CHU) and 90.5 million for China Telecom (CHA). For 2010, CHL recommended a final dividend of 1.597 Hong Kong dollars per share.

For 2011, the company estimates its data business to be a significant source of future revenue growth and plans to boost capital spending by 6.5% in an effort to strengthen its services.

Additionally, it seeks to spend $20.3 billion on its network and add wireless hot spots as it intends to attract smartphone users and zoom past rivals like China Unicom and China Telecom.

Of the four analysts covering the stock, two rate it a buy and two rate it a hold. Analysts surveyed by Bloomberg have a consensus price target of $52.70 for the next year, implying that the stock could gain 13.9%.
2 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
LDK $0.00 0.00%
ERJ $24.24 -0.04%
GOL $6.93 0.00%
HNP $28.36 -0.21%
PBR $7.70 0.00%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs