October 9, 2008

52 Week Low on American Oriental Bioengineering

I came across AOB while reading the Fool today. According to the article, this stock has a PEG ratio of .25 and an estimated five year annual growth rate of 24%? For more inticing numbers, the stock's current P/E is under 8 and its forward P/E is slightly above 5. The Fool also goes on to disclose that they own shares in the company and that AOB is a MF Hidden Gems pick.

It appears that the Fool is not alone. Zacks liked the stock on August 18, and gave it a $16 price target.

Stockpickr also liked it in September, when the author said "I'm not selling it till it's above $20."

With the stock hitting a new 52 week low today, it will be a great time to get in with this company.

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