From Cramer's "The Street":
After you receive this Alert, I am going to add 200 shares to China
Unicom (CHU:NYSE) around $12.63.
The stock has underperformed the market in the last few weeks, yet the
story remains on track and management execution has been flawless in
the rollout of its 3G initiative. China Unicom's technology advantage
(WCDMA) over its peers and its first-mover advantage will increase its
subscriber additions throughout 2010 and offset the higher costs
associated with the infrastructure build-out. October total mobile net
adds were at 1.3 million, up 7% from last year and 39% from September,
and November 3G net adds accelerated throughout the month (from 20,000
a day to 50,000 a day).
Investors remain skeptical on whether these trends will continue and
question the overall execution by management, and I think it is
creating a buying opportunity in the shares, especially becausee it
trades at a discount to peers (China Mobile and China Telecom) with
inferior technology and later entrance to the market.
After my trade, I will own 6,100 shares of CHU, or 2.51% of the
On Dec 21, 10:44 am, tiptonww <runningd...@hughes.net> wrote: