CHINA – CDC Corp (Nasdaq) (Closing Price – $10.31)
There are quite a few analysts that are currently touting CDC Corp. (CHINA) and the stock has been on quite a run recently. However, after doing some research I have found there is not much to like about China.com (especially its valuation).
CDC Corp. provides software, mobile applications, and online games. The company has growth potential and has shown some improvement over the past year, but in my opinion the company is way overvalued. (more…)