The StockPicker's Pick is CMED - Jan 30, 2006

Hello Fellow-Investors!

Let's build a great future....

Recommendation for Jan 30, 2006

CMED or China Medical Tech is a great play on the China Boom story and the medical field at the same time. CMED sells ultraviolet treatment equipment for various cancer types (mainly in the China market) and also some diagnostic techniques for diabetics, thyroid disorders etc.. It has more than TRIPLED in the last year - and it is well deserved even though it sports a lofty 50 P/E ratio - it is growing at a much faster pace, so the forward P/E is more like 25 based on future earnings.

Buy CMED on any weakness (below 38) with a stop loss at 35. I see it going to 50 by late summer.

And .. stay tuned for more stockpicker picks on a regular basis

Happy Investing and Best Wishs,

-- The StockPicker

"Good Things Come to Patient Investors Armed with Knowledge and a Deep Sense of Responsibility for their Own Future"

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Disclaimer: The StockPicker makes no guarantees, and you are urged to do your own research before buying the recommended stock. Opinions here are based on my past experience (successful) for the past 15 years and current research/news.