Genentech---DNAFrom the China Analyst. I really like The China Analyst Website. It always provides up to date and accurate reports and top ten lists of top performers week in and week out. China Analyst has Talecris as No. 3 as stocks that have provided Return On Equity. It is a pretty good indication of how profitable a company is and how well the business is working. Basically a good return on equity means their stock will more than likely be going up. I also look for Undervalued Companies with a High ROE and a Low P/E. A Low Price/Earnings means that the company is undervalued. I high P/E means that a company is overvalued. Overvalued companies tend to have a bubble affect and when that bubble bursts it can be a loss on investments. Therefore a low P/E is a good investment, if the company is profitable.
In this case I chose Skystar Biopharmaceuticals as my investment of today. Skystar is symbol (SKBI). Skystar is the maker of Animal Vaccinations in China. Skystar is highly profitable and has the GMP facilities to make enough vaccines.
Remember America's Chicken Egg Fiasco a couple of months ago from an Iowa Chicken Factory. Skystar makes Chicken Vaccines and is rapidly growing. Take the time to look at Skystar's Financial Records and see how well the company is doing. Again that is Skystar Biopharmaceuticals SKBI They are a Chinese Company trading on the Nasdaq.
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Wikinvest---SKBI
More can be found at their website: Skystar Bio-Pharm
Here is an article from Seeking Alpha which highlights Skystar's Business Model from 2007. The stock has been performing well since then.
Skystar Bio Pharma: Leading Contender in Rapidly Growing Chinese Biopharma Market
Top 10 Biotech Stocks with Highest Return on Equity: IMMU, CRME, TLCR, GILD, GTXI, PSDV, SKBI, DNA, CPHI, SCLN (Oct 12, 2010)
