Top Asia Stock – China Nepstar (NPD)
“Buy Below” price: $7.50
Picked by: Robert Hsu, editor of China Strategy
Strategy: The hottest Asian stocks
Based in Shenzhen, China Nepstar Chain Drugstore (NPD) is China’s version of Walgreens. About 15 years ago, the
company brought the chain pharmacy idea to China, growing from a single shop to the biggest retail drugstore chain in the country. Today, it has more
than 2,300 drugstores in 63 cities, offering more than 1,000 private label products. Nepstar’s strategy of centralized procurement, competitive pricing,
customer loyalty programs and private label offerings has enabled the company to capitalize on the robust economic growth in China.
NPD just reported fourth-quarter and full-year results on March 3, including a 11% jump in same-store sales, a 13% jump in revenue and a 13% jump
in operating income over the previous year. I expect this company’s success to continue as it remains the go-to pharmacy chain in the People’s
Republic of China.
7 InvestorPlace Experts Offer Top Stocks for March
Article printed from InvestorPlace Media, http://investorplace.com/2010/03/top-rated-stocks-from-investorplace-experts-pcln-npd-dd-f-pla-jpm-mspd/.
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