Top Small Cap Stock #4 – China Green Agriculture (CGA)
China Green Agriculture (CGA) is an innovative agricultural
company helps farmers grow more crops without hurting the environment. The “green” fertilizer market in China is booming right now due to the fact
that the country’s population continues to grow alongside its economy. This means that more arable land is needed in the coming years to ensure that
there’s enough food available to sustain China’s growing middle class. CGA is a small foreign company without much of an analyst following, but you
don’t need estimates to see how great this pick is.
China Green posted strong earnings in February, including a sales increase of 60% year-over-year and a jump of 78% in net income. Gross margins
also improved to 61% from 59% last year. This drove shares up by double-digits in just a few trading days after earnings, and CGA should continue
its red-hot run in the weeks ahead.
- Poll of the Day