Wireless & Telecom Question
Is China Mobile still a good bet?
China NetCom just got hit hard due to competition from mobile operators. China Mobile is down BIG this year...is now a good time to buy?
Asked by ChuckF in
Wireless & Telecom
3 months ago
Stocks referenced: CHL
Answers
123 points
CakeFinancial answered 3 months ago …
some of the best investors at Cake have been hopping in, bringing CHL up to an A+ grade - so some people out there think it's a good time to buy!
Read more from CakeFinancial flag as abuse great answer
2703 points
MNSL answered 3 months ago …
I think telecom sector will do badly in the next 24 months. We should buy telecom stocks in fire sales keeping long term in mind.
There will be competition for some companies in the future.
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