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6 pts

Opinion on  PowerShares Golden Dragon Halter USX China Portfolio (PGJ)     Sector: Financial  >  Industry: Misc. Financial Services
Emerging with PGJ

May 26, 2007 05:59 AM GMT
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Return Risk
-10.02% HIGH
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Fundamental Analysis   Favorable/Unfavorable Valuation  

One of the best ETFs I own is PGJ, which has been very good for a while. I like this stock because of its huge upside potential, it is cheap relative to its peers. It has been growing really big, up as much as 11% YTD inspite of all the pessimistic outlook and volatility associated with chinese stocks; everybody says that the chinese markets have reached their peak, but this one is still going! I dont see any big downturn anything soon....although there might be some correction. However, any downturn will only take this stock to higher levels. ..just look at what happen after the Feb 27th correction, the stock rebounded to an all-time high!

I think this stock is cheap and has a lot of room to go!


PGJ:  This call was made on 05/26/07 @ $23.5
Rating:   Positive   $23.5 (05/26/07)
Closed:   05/31/2007 @ $23.39 (-0.47% in 5 days)
Target:   $26.50 (+12.77%) in Three months


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Abdi A previously rated PGJ
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