CMP: $11

AsiaInfo-Linkage Inc. provides telecommunications software solutions in China. The Company provides a full range of telecommunications software solutions including network infrastructure, operation support systems, and service applications to China's telecommunications carriers.

AsiaInfo-Linkage is a small-cap stock of market cap $792M. Its currently trading at a P/E of less than 10. Revenues have doubled from $175 M to $343 M in the last 2 years and profits have raced from $19 M to $56 M in the same period (Aided by NPM growth). NPM has grown from 10.85% to 16.32% in the last 2 years which is pretty impressive.