Updated from 10:55 a.m. EDT
By Stockpickr Guest Columnist Glen Bradford
Doubling your money is old news. What I'm interested in now is an easy triple. That's why I'm looking at three Chinese companies that meet Warren Buffett's criteria for investment. I think they are likely to triple in value over the next year.
The three criteria I'm borrowing from Buffett's book are that the company is highly predictable in metrics such as revenue and net income, that it has growth potential and that its stock is priced cheaply.
When you have companies such these, priced below book value, you'll have investors making asset plays driving this stock up more quickly than its peers.
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