Reported 8 months ago
Yuanta Financial Holding Group held an investment outlook briefing for the third quarter of 2024, where they estimated a range of 21,000 to 23,500 points for the Taiwan stock market. They highlighted the influence of the semiconductor industry, AI development, and the impact of factors such as the US-China relations and the US presidential election on market performance. Emphasizing the importance of AI in Taiwan's industrial growth, they recommended focusing on AI-related stocks for sustainable investments. Additionally, they discussed the growth potential of tech giants such as Microsoft, Nvidia, and Apple in the AI sector, and advised a strategy of 'staggered accumulation' in the stock market. Yuanta also pointed out the significant growth in domestic capital inflow shaping market dynamics, with a focus on the opportunities presented by AI development in the electronics industry.
Source: YAHOO