Company Of The Day: Samsung Electronics
What?
Samsung Electronics (LSE:SMSN) recently published its preliminary Q3 2021 results, noting that its operating profits likely rose 25% year-over-year to 15.8 trillion won (about $13.2 billion).
Why?
- Which Is A Better Pick – Keurig Dr Pepper Stock Or Zoetis?
- Will Bristol Myers Squibb Stock Rebound To Its Pre-Inflation Shock Level of $80?
- At $420, What Are The Risks For Nvidia Stock?
- Should You Pick Starbucks Over 3M Stock For Next Three Years?
- Will Wynn Stock Recover To Pre-Inflation Shock Highs Of $140?
- Will Insulet (PODD) Stock Recover To Its Pre-Inflation Shock Highs of $300?
Samsung is seeing strong demand and pricing trends for its semiconductor business. Moreover, the company’s new flagship foldable smartphones are also apparently faring better than expected.
So What?
However, Samsung stock has underperformed, declining by about 22% year-to-date. This is likely because investors expect the memory markets to see a cyclical downturn.
See Our Complete Analysis For Samsung
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since 2016.
Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates