Every investor knows that China has seen a significant economic slowdown
over the past year or so. Likewise, the ongoing struggles of the PC
market (and, to a much lesser extent, the high-end smartphone market),
have been amply reported in the financial press. As a manufacturer of
predominantly PCs with a major portion of business coming from China,
that would seem to spell bad things for Lenovo (OTC:LNVGY).
While it's true that growth did slow noticeably in the fourth quarter, I
continue to believe that Lenovo is significantly underestimated and
undervalued by the market.
To read more, please follow this link:
http://www.investopedia.com/stock-analysis/052413/lenovo-still-far-getting-its-due-lnvgy-hpq-dell-ibm-aapl.aspx
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