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China Stock #2 – E-House (EJ)
China’s massive citizenry has to be housed, and that’s the job of E-House (China) Holdings (EJ). The
company provides primary real estate agency services, secondary real estate brokerage services and real estate consulting and information services.Its secondary real estate brokerage services include offering advisory services on choices of properties, accompanying potential buyers on house
viewing trips, drafting purchase contracts and negotiating purchase prices and other terms. You might say that E-House (China) Holdings is the go-to
real estate agent for the Chinese people.Hey, the housing boom may have fizzled out here in America, but in China housing is all the rage. And judging by the 134% gain in EJ shares over
the past 12 months, investors certainly think this fire-breathing dragon is hot.I rate EJ an A, making it a strong buy.
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