Jan.24th.2010
Watch: SEED, GRO, FEED, YONG
After a severe winter, focus on AG stocks, here is China news on Gov support 7000,000,000,000 Yuan funding for AG sector to recover.finance.sina.com.cn/roll/20100122/22147296168.shtml
Stocks like YONG is very close to its secondary offering price of 7.50, so if 7.50 holds, it its could be a buying point. YONG: liquid and powder nutrient compounds for plant and animal feed used in the agriculture industry. so keep eyes on it too.
Also LIWA, is a copper alternative stock, with mining tax on metal increase world wide, China will look for internal resource for base metals.I am looking for other Chinese Agriculture and base material stocks (not coal and solar) trading in U.S. Those might be good growth stocks for 2010, we should keep eyes on them.
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