Monday, August 3, 2009

Motley Fool on China Green Agriculture (CGA)

The Motley fool has been pumping CGA lately:

As an organic fertilizer supplier, China Green Agriculture is expected to benefit from China's push toward green technologies. With its $586 billion domestic stimulus package, the government wants to develop renewable energy projects that benefit more than just solar companies such as Suntech Power (NYSE: STP) and Yingli Green Energy (NYSE: YGE); more than a third of the funds are being spent on a broad category called "Green GDP." The economic stimulus and rising demand for healthier food will help China Green -- as well as green animal-feed companies such as AgFeed Industries (Nasdaq: FEED) -- rapidly expand. China Green's CEO expects the nation's percentage of organic fertilizer use to grow to 50% of total fertilizer use within five to 10 years, from 25% currently, as China’s farm land becomes degraded from chemical pollution.

And apparently also named it their “Number 1 Global Stock Idea for 2009″