Filed under: Chasing Value, Aluminum Corp of China ADS (ACH), Stocks to Buy, General Dynamics Corp (GD), Best Stocks for 2008
www.global-b2b-network.com/direct/dbimage/50320235/Aluminum_Pipes___Tubes.jpg" height="100" alt="Aluminum Pipes & Tubes" width="100" />Last year, my best Chasing Value recommendation was Aluminum Corp of China ADS (NYSE: ACH), which sailed from $22 per share to a 52-week high of $90.95. I will take credit for finding a winner, but I cannot in all honesty say that I thought it would more than quadruple -- that part was luck. (The original story was Chasing Value: Aluminum Corporation of China ADS, which I still think is worth a read today.)
If you acquired what is often referred to as Chalco (China Alum. Co.) anywhere near the time I recommended it and still own it you are probably still very content with only perhaps a 90% gain as the stock has come down some, closing last Friday May 9 at $40.98
Another of my recommendations was General Dynamics Corp (NYSE: GD), which closed F
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$40.68 (05/12/08)
