China Techfaith Wireless: CNTF - An Exciting Wireless Stock

An amazing fact about China is that cell phones are booming, with 29% of the population now using mobile phones. Companies like Nokia and Motorola are selling millions of phones there, and could be good investments to take advantage of China's boom. But a more direct way to benefit from the bull market in wireless communication there is China Techfaith Wireless, which trades on the under the ticker CNTF. This company work with Nokia and others to design low-cost cell phones. They are making money and may be about to boom in profits. The next conference call is March 20. It's a volatile stock, so it may pop up or down right after you invest, but hold on - I think this one is a winner. For some more information, read a recent article on CNTF.

links: digg this    del.icio.us    technorati    reddit