Are you interested in the high-growth prospects that emerging markets can offer? For ideas on how to get started on your search, we ran a screen.
We screened US-traded stocks of companies based in China for those with the most significant net insider purchases over the last six months. This indicates that company insiders, such as members of the board and upper management, expect their employers to outperform.
Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.
We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To access a complete analysis of this list's recent performance, click here.
Do you think these stocks will outperform like insiders expect? Use this list as a starting point for your own analysis.
1. AsiaInfo-Linkage,Inc. (NASDAQ:ASIA): Provides telecommunications software solutions and information technology products and services to telecommunications carriers and other enterprises in the People's Republic of China. The stock is currently rallying 8.15% above its 20-day moving average, 31.30% above its 50-day MA, and 12.37% above its 200-day MA. Over the last six months, insiders were net buyers of 124,300 shares, which represents about 0.28% of the company's 43.63M share float.
2. China Automotive Systems Inc. (NASDAQ:CAAS): Engages in the manufacture and sale of power steering systems and other component parts for the automotive industry in the People's Republic of China. The stock is currently rallying 24.91% above its 20-day moving average, 38.31% above its 50-day MA, and 13.04% above its 200-day MA. Over the last six months, insiders were net buyers of 44,003 shares, which represents about 0.55% of the company's 8.06M share float.
3. China TransInfo Technology Corp. (NASDAQ:CTFO): Provides public transportation information technology systems and related technology solutions in China. The stock is currently rallying 5.70% above its 20-day moving average, 18.64% above its 50-day MA, and 38.34% above its 200-day MA. Over the last six months, insiders were net buyers of 569,135 shares, which represents about 5.28% of the company's 10.78M share float.
*Insiders data sourced from Yahoo Finance, all other data sourced from Finviz.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.