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China Mobile (hong Kong) Ltd. (CHL) [hlAlert]

up 22.55 %

Kiplinger's 10 Stock Picks for 2011: China Mobile

Posted on: Sunday,  Dec 12, 2010  9:42 PM ET by Kiplinger: 10 Stock Picks for 2011

Kiplinger: 10 Stock Picks for 2011 rated Buy China Mobile (hong Kong) Ltd. (NYSE: CHL) on 12/09/2010, when the stock price was
$50.05. Since then, China Mobile (hong Kong) Ltd. has gained 22.56% as of 01/13/2016's recent price of $61.34.
If you would have followed this Kiplinger: 10 Stock Picks for 2011's recommendation on CHL, you would have gained 22.55% of your investment in 1861 days.

China Mobile Limited is engaged in mobile telecommunications services principally using the global system for mobile communications (GSM), standard. Its GSM networks reach all cities and counties, and roads and highways, as well as a substantial part of rural areas, throughout Mainland China and, through the network of Hong Kong Mobile, a substantial part of Hong Kong. On January 7, 2009, the Company started to offer mobile telecommunications services using the time division-synchronous code division multiple access (TD-SCDMA) standard. It operates its third generation (3G) business based on a core mobile telecommunications network that is shared by both its second generation (2G) and 3G businesses and TD-SCDMA wireless network capacity leased from China Mobile Communications Corporation (CMCC). As of May 31, 2009, the Company?s total number of subscribers reached approximately 488.1 million.

For 12 of the past 16 years, James K. Glassman has offered readers ten stock picks for the year ahead, culled from the choices of experts I respect. My long-term record is solid, but my picks for 2010 were especially rewarding, returning an average of 18.6%. By comparison, Standard & Poor's 500-stock index returned 17.3%.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/9/2010 4:00 PM Buy
1 year
as of 12/31/2010
1 Week up  0.62 %
1 Month down  -0.51 %
3 Months   
1 YTD down  -0.51 %

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