China Security and Surveillance Tech: Market Leader In a Fast-Growing Chinese Industry

I like the growth story here. China Security and Surveillance Tech (CSCT.OB) is a market leader in a quickly growing industry in China (they are a provider of digital surveillance technology). Here are some indicators of growth for CSCT:

- They have a (Price/Earnings)/Growth ratio of 0.44. PEG ratio is most useful for growth companies (like CSCT). It gauges the tradeoff between price and growth. A PEG ratio below one is usually a very good signal.

- Analyst reports have CSCT continuing to win additional citywide pilots at an accelerating pace. The company has increased guidance for Q2 above estimates. Q1 earnings were $0.13 per share compared to $0.16 for the entire previous year.

- CSCT does not have a lot of analyst coverage. I view this as a positive signal because it suggests the price has not been driven up by a "herd" of analysts as is often the case on wall street.

CSCT.OB 1-yr chart: