Stocks Profile

Best Growth Stock Coca-Cola, the producer of soft drinks in the world, is negotiating with the Chinese authorities in order to cast its shares in the Shanghai Securities Exchange (SSE).

As announced it few days ago Geoff Walsh, director of communications of Coca-Cola for the Asia-Pacific region, the company is contemplating seriously the possibility of issuing shares on the Shanghai Stock Exchange; negotiations with the Chinese Government are very well under way.

Allow the emission, Coca-Cola would be the first Western company with a presence of this kind in the Asian giant, whose Government does not allow foreign companies to issue shares on the Mainland of the country.

The stock exchange of Hong Kong (HKSE for its acronym in English) is the only place in China where can trading shares of foreign companies.

For many experts in the field, the entry of Coca Cola to mainland China would trigger an effect dominoes for many Western companies:

Without a doubt, Coca-Cola is all an American icon.

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Surprisingly, there are about 45 stocks trading on the New York Stock Exchange which trade for less than $3 a share. Of course, some of these are on the verge of delisting, many are on the verge of bankruptcy, but you may find a few gems on the list of NYSE stocks under $3, just published by WallStreetNewsNetwork.com.

As an example, with the recent oil spill, WSP Holdings Ltd. (WH) might be worth taking a look at. The company makes casing, tubing, and drill pipes for oil and natural gas exploration, drilling, and extraction along with pipelines. Full post…