CNOOC Limited (CEO),
a subsidiary of China National Offshore Oil Corporation, is on a
multi-year cyclical upside. Since January 2003 CEO has risen over
five fold. Because CEO trades in price cycles, it is best purchased
on price corrections.
CEO has a history of increasing its dividend, which currently yields
over three percent. CEO is a candidate for a long-term dividend
reinvestment program.
Related Articles:
Articles About Chinese Stocks
on buyupside.com
Chinese Stocks
Cyclical Upside
Price Patterns
Is PetroChina Making a Double
Top?
Posted June 18, 2007.
|
