bullish
Tokyo Electron (8035) | WFE Scenarios Suggest Stock May Have Hit Bottom
346 Views25 Oct 2022 04:24
IF WFE spend comes in at around $70 billion, we believe that TEL's stock could be worth around 33,000 yen. Given that the stock hit a recent low of 34,550 yen, the stock may well have bottomed out
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 2-minute read)
Discussions
(Paid Plans Only)
Top 5%
Mark Chadwick
Japan Specialist
Price Chart(Sign Up to Access)
x