The Benefits of Growth Investing
Getting solid, above-average growth over the long term is a painstaking process, but it's well worth the effort.
George Fraise: It probably still is.
Gregg Early: Is there another company that embodies this?
George Fraise: Yeah, another one would be a smaller company by the name of Shandong Weigao (PINK:SHWGY).
Shandong Weigao is the leading manufacturer of medical devices in China. What we like about Shandong Weigao is that it is really a good way to participate in the very rapid growth of the health-care sector in China.
The government is actively investing and trying to provide more medical services to more people in China, and as the population enters the middle class and as more and more money is being spent on health care, a company like Shandong Weigao is very well positioned to take advantage of that.
They manufacture a lot of products that are consumables-syringes and IV tubes, but they also have dialysis equipment. It's really a way to participate in a very broad-based sector of the economy, and one which should have strong tailwinds of growth for the foreseeable future.
Editor's Note: This article was written by Gregg Early of MoneyShow.
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