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Enter Symbol:
 
China Automotive Systems, Inc. (CAAS) [hlAlert]

Rating:
Buy CAAS
up 95.94 %

China Automotive Systems, Inc. (CAAS) rated Buy by Merriman

Posted on: Monday,  Oct 19, 2009  8:25 AM ET by Merriman

Merriman rated Buy China Automotive Systems, Inc. (NASDAQ: CAAS) on 10/19/2009, when the stock price was $11.10. Since then, China Automotive
Systems, Inc. has gained 95.95% of its value until Merriman rated CAAS Neutral on 01/15/2010, when the price was $21.75.
If you would have followed this Merriman's recommendation on CAAS, you would have gained 95.94% of your investment in 88 days.

China Automotive Systems is a holding company and has no significant business operations other than their interest in Genesis in which they manufacture power steering systems and other component partsfor automobiles.

Merriman provides advanced tools for acquiring such information. These tools integrate a combination of cycles, geocosmic signatures and trend analysis patterns in assisting the serious investor in their interpretation of the various financial markets and the general economy. In today's fast paced and seemingly chaotic marketplace, you need the edge that only a broader analysis of human activity can provide.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/7/2010 10:25 AM Buy
None
19.07
as of 12/31/2009
1 Week down  -32.62 %
1 Month down  -30.85 %
3 Months up  20.54 %
1 YTD up  20.54 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/18/2010 8:25 AM Hold
None
21.32
1/15/2010 8:25 AM Hold
None
21.75
10/19/2009 8:25 AM Buy
None
11.10

(*) Stock Price at the time of the recommendation.
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