AI stocks are booming, and Yang Zhongli and both hit new highs
AI stocks are booming, and Yang Zhongli and both hit new highs
Yang Zhongli continued to perform well, and the stock price not only soared to a new high, but also boosted $FTSE Bursa Malaysia KLCI Index(.KLSE.MY$It climbed to the level of 1,580 points.
Today, Yang Zhongli's agency $YTL(4677.MY$ With its subsidiary Yang Zhongli Electric Power $YTLPOWR(6742.MY$ They all went higher, and the increase reached 6% to 8%.
Yang Zhongli's stock price is booming, mainly because the overall trend is favorable to the market. Coupled with the strong performance of US technology stocks, investors are more optimistic that the net profit of AI and other stocks will continue to grow.
Overnight, US stocks strengthened last Friday, among which $Alphabet-A(GOOGL.US$surged 10%, $NVIDIA(NVDA.US$up to 6%, and $Microsoft(MSFT.US$Up 2%.
Looking back at Yang Zhongli Shuang Xiong, Yang Zhongli's three major businesses, namely utilities, mainly Yang Zhongli Electric Power, as well as construction and ash, are all important drivers of its strong profit potential.
In particular, Yang Zhongli Electric Power, Yang Zhongli's agency will rely heavily on this subsidiary holding 55.6% of the shares to achieve outstanding results.
In addition to cooperating with Nvidia to build an artificial intelligence data center of about 100 megawatts, the company is also looking at its green data center park, which can contribute to the end of this year.
The stock price performance of Yang Zhongli's institution can be said to be a breakthrough. Since Fenglong Investment Bank analysts gave a target price of RM3.30, the stock price has continued to rush forward. Including this Monday, it has also ushered in 10 consecutive increases, reaching the highest level of RM3.20.
There is still room for 83% increase
Today, there is also investment platform Simply Wall St using free cash flow (FCF) data to calculate that the company's stock price may reach RM6.06, which means there is still room for an increase of 83% compared to the target price given by the investment bank!
According to the data given by the platform, according to the 10-year FCF, it is expected to reach RM29 billion, and the slowdown in growth and cash discounts have already been taken into account.
As for Yang Zhongli Electric Power, although the trend was not as strong as Yang Zhongli's agency, which recorded only 4 consecutive increases, the ups and downs reached a height of 8%. It can be seen that the increase was just as strong.
According to the target price given by the investment bank, it is mainly between RM4 and RM5.55. If compared with the highest price given by the investment bank, the company's stock price still has room to rise by 13%.
When the market closed on Monday, Yang Zhongli's agency closed at RM3.20, starting at 17 cents or 5.6%, with a turnover of 62.897,000 shares.
Yang Zhongli Electric Power closed at RM4.79, starting at 37 cents or 8.4%, with a turnover of 56.658,400 shares.
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
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