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Author Bio Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since His wheelhouse includes cloud, IoT, analytics, telecom, and gaming related businesses. Follow him on Twitter for more updates! The U. That pressure makes a lot of Chinese stocks look cheap -- but they could get even cheaper if the crackdown continues.
China Mobile, one of the country's leading telecommunication operators, has built more than , 5G base stations. Experts said that more US-listed Chinese companies are expected to turn homeward to raise capital, while letting domestic investors share their growth, amid the US' continued push for "decoupling" that extends from technology to the financial sector.
That would exceed the China Telecom announced on Wednesday that it will be listed in Shanghai on Friday, while another major telecommunications company - China Unicom - has been trading in the A-share market for years. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today. China Mobile CHL is a stock many investors are watching right now.
Value investors will likely look at more than just these metrics, but the above data helps show that China Mobile is likely undervalued currently. And when considering the strength of its earnings outlook, CHL sticks out at as one of the market's strongest value stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Zacks Investment Research. Buffett is betting big on his favorite company.
It might be time to follow suit. Investors are deciding to sell shares today as doubt surrounding the continuing operation of the company's core silver and gold asset located in Mexico, San Jose, increases. Concurrently, an analyst's bearish take on the stock is providing further motivation for investors to exit their positions.
After the closing bell Thursday afternoon, Sundial released its third-quarter earnings report. Investors have some reason to hope that Congress might pass a marijuana legalization bill sooner than previously expected. The Swedish maker of health-conscious energy drinks is sliding down from last week's all-time highs. A mixed earnings report didn't exactly help. Investors don't seem to care too much, evidently; as of a. EST today, shares are up
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