Top China Stocks for October 2019 [The Motley Fool]
TECHTRONIC INDUS LTD ADR (TTNDY)
NASDAQ:AMEX Investor Relations:
ttigroup.com/en/investor_relations
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Source: The Motley Fool
Top China Stocks for October 2019 Here are what our writers think should be investors' top China and Hong Kong stock picks for October 2019. We asked our writers to share their top China/Hong Kong stock picks for the month of October and here's what they had to say: Techtronic Industries Co Ltd ( SEHK:669 ) is my pick. The company is a world leader in power tools, outdoor equipment, and floor care appliances. The group has been growing steadily over the years with both revenue and net profit increasing at a four-year compound annual growth rate (CAGR) of 10.3% and 16.6% respectively from 2014 to 2018. For H1 2019, revenue and net profit have continued their ascent, rising 8.7% and 11.9% year-on-year respectively – impressive numbers. The group continues to drive strong profit growth through both the introduction of high-margin new products and productivity gains (that have lifted gross margin over the years). Its flagship Milwaukee brand of power tools has grown over 20% year-on-yea
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