The Chinese stock market has performed relatively well this year. But it's rushing headlong into an outpouring of China bears souring on the country's growth.
A number of other indicators - weak factory production, slowing car sales - have international investors questioning whether the so-called "Chinese Economic Miracle" is losing steam.
It hasn't, and Western analysts currently have these three stock picks wrong...
The Chinese stock market has performed relatively well this year. But it's rushing headlong into an outpouring of China bears souring on the country's growth.
A number of other indicators - weak factory production, slowing car sales - have international investors questioning whether the so-called "Chinese Economic Miracle" is losing steam.
It hasn't, and Western analysts currently have these three stock picks wrong...
Money Morning's oversold pick of the week is cloud-based video services provider Brightcove Inc. (Nasdaq: BCOV.)
Brightcove stock was one of Money Morning Chief Investment Strategist Keith Fitz-Gerald's recommendations until he was stopped out of it last June. But given its lower price and strong prospects for the future, he still likes BCOV stock.
In Brightcove's case, it helps to step back and look at the big picture...
