China Mobile (NYSE: CHL) is the biggest telecom company in the world and one of the three most valuable companies in Asia, but its stock is often overlooked by U.S. investors. The telco doesn’t offer spectacular price growth, but it’s a solid income play which rebounded from some steep market downturns since its IPO in late 1997.
I personally own shares of China Mobile, and I think it’s a great “forever” stock to own for ten simple reasons.
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