Reported 8 months ago
Taipei, 22nd June 2024, 4:10 PM - In a Feng Yin Investment Analyst report, Gong Hong Bin mentioned that despite an expected corrective trend this week in the Weighted Index, there's no need to worry too much until the bullish gap is filled. Operating focus should be on small and medium-sized stocks like Hwa Rong (5328) and Jye Liang (3652) this week, along with Yuwei Tech (3580), Kinsus Tech (1785), and Yangcheng (3498). With the index at a high position, caution is advised to avoid chasing highs and opting for pullback strategies. The AI-driven power gap might benefit traditional industries like wind power and heavy electronics. Hwa Rong anticipates improved performance due to growing passive component demand in the latter half of the year, and Jye Liang is expected to see continuous growth in operations with the launch of the first 5G Android 13 industrial tablet. Yuwei Tech and Kinsus Tech benefit from growing demand for fan-out packaging, and performance growth, respectively, with revenue forecasts remaining strong for this year.
Source: YAHOO