4 Stocking-Stuffer Stocks Under $15

These last-minute gifts could keep on giving in 2014

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4 Stocking-Stuffer Stocks Under $15

ChinaCache International Holdings (CCIH)

Chinacache 185 4 Stocking Stuffer Stocks Under $15If you’re looking for a tech-focused stocking-stuffer that marries the momentum of mobile Internet with the lure of emerging market opportunity, content delivery network (CDN) supplier ChinaCache International Holdings (CCIH) could fit the bill nicely.

The company is one of two dominant Internet content and application delivery providers in China (the other is China NetCenter) — each company generates about 41% of the total CDN market revenue, according to CCID Consulting. In a market that grew by more than 30% in 2012 to nearly half a billion dollars, CCIH has gained an edge with multinational companies. Earlier this month, Wedge Partners predicted CCIH would benefit from partner China Mobile’s likely launch of 4G mobile services in 2014.

CCIH shares have gained almost than 15% in the past week and are up 170% year-to-date. But beware the small market cap: at just $224 million, the stock is vulnerable to swings in either direction.


Article printed from InvestorPlace Media, http://investorplace.com/2013/12/4-stocking-stuffer-stocks-15/.

©2014 InvestorPlace Media, LLC

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