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China’s Stocks in ‘Solid Bull Market,’ Cabot’s Lutts Says

Oct. 14 (Bloomberg) -- China’s stocks are in a “solid bull market” and the nation’s indexes may rise 20 percent in the next six months, according to Robert Lutts, president and chief investment officer of Cabot Money Management.

“I like growth in the economy, I like valuations and I think profitability will be very strong,” Lutts, based in Salem, Massachusetts, wrote in e-mailed comments. “I now have a large weighting in China.”

To contact the editor responsible for this story: Allen Wan at awan3@bloomberg.net

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