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China Stock #5 – Universal Travel Group (UTA)
As China’s economy grows, the Chinese middle class has taken flight — literally. Providing the travel arrangements for this newfound class
of Chinese travelers is Universal Travel Group (UTA).The company provides domestic and international airline ticketing services, along with cargo transportation agency services. But it’s not just flights
that UTA helps citizens book. The company also provides hotel reservations, tour planning, ground transportation, railway and express delivery and
air delivery services.UTA is the travel agency in China, and considering the shares have booked a 190% gain over the past 12 months, it certainly seems like the
sky is the limit for UTA.I rate UTA an A, making it a strong buy.
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