China Petroleum & Chemical Corp. (ADR) (NYSE:SNP)
The Company currently explores for, develop and produce crude oil and natural gas in a number of areas across China.
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Good P/E.
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This is tracking porfortlio of the the 20 stock I pick for 2012...
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Large cap stock, price above 14-day moving average
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Buy CCGY too!
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low PEG, strong price uptrend
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pretty much a total guess. P/E and P/Book are low so... why not?
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low PEG
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china growth
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Still bi gfuture as demand in China increases
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tspy my portfolio
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Has solid yield with a value backing
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China's largest refiner. Gets subsidies from the government. In general, profits when oil goes down. But with its large oil buying spree, I don't know if that will hold in the future. Could be Exxon of China.
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target 86.75 - 100
stop loss 72
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China's expansion will continue to increase the oil demand for at least the next 100 years. There is going to be no quick world wide solution to oil dependency and the Chinese are as aggressive about oil expansion as any other industrialized nation.
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I love China, and I love Natural Resources
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This Stock is $$
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China rebound
Alternative MCHFX..BEST CHINA mf
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