Foxconn Industrial Internet Appears an Attractive Bet -- Market Talk

Dow Jones2022-05-12

0639 GMT - Foxconn Industrial Internet appears to be on track for strong earnings growth in 2022, thanks to growing demand for servers and other tech-related solutions such as 5G, Daiwa Capital analysts Kylie Huang and Jack Chen say in a research note. The tech company's operating profit could rise 10%-16% on-year over 2022-2023, despite some current supply chain challenges, the analysts say. "We suggest that investors make use of the muted near-term tech sentiment on macro uncertainty to gradually accumulate FII," they added. Daiwa maintains a buy rating and a CNY13.50 target price on the stock, which is 0.3% lower at CNY9.36. (justina.lee@wsj.com)

$(END)$ Dow Jones Newswires

May 12, 2022 02:39 ET (06:39 GMT)

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精彩评论

威武虎
2022-05-14
威武虎
4月18日以来美元兑离岸人民币自6.38快速贬值至近6.8水平，汇率急贬可以从中长期利好和短期利好两方面来看：基本面中长期利好出口导向性公司。汇率贬值有利于出口部门降成本进而提升竞争力，促进出口，短期汇率贬值有助于提升汇兑收益。出口导向型公司在对外贸易过程中会增加外币货币或应收账款（国际贸易95%以上以美元结算），贬值区间可使得结汇时增加汇兑收益，增厚利润；
- 章家卫:
  好
- 踏浪擒牛:
  阅
- Fight_123:
  辛苦
- 棒棒的杨杨:
  阅
- ghiblibli43:
  得到的

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