Opinions
Drummond Brodeur
Li & Fung Ltd.
494-HK
TOP PICK
Sep 26, 2008
(Hong Kong exchange.) Worlds largest sourcing company and one of the best-managed companies in Asia. Supply a thought of the private label goods for JCPenney, Kroger, etc. Traditionally whenever there is a slowdown in the economy of the Europe and US, outsourcing increases. Trading at about 16X earnings. Strong balance sheet and 4% dividend yield.
$0.010
Stock price when the opinion was issued
Unknown
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