For our next stock pick we will go with Bank of China.
- China modest GDP growth at 2%
- China has 5 times the population of U.S. with huge upside
- Trade deal could boost Chinese market
- Hong Kong democratic party won election in 2019
- Bank of China is one of 4 biggest state-owned banks
- Global central bank QE will boost bank stocks higher
- High dividend of 6%
- Low PE valuation of 5
- Trading below book value
- Marc Faber stock pick
- 1 year target estimate has 30% upside
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