Top 10 Malaysian Stocks for June 2024 with Upside Potential

1. **Malayan Banking Berhad (Maybank)**
- **Current Price**: MYR 8.74
- **Target Price**: MYR 10.18
- **Upside Potential**: 16.5%
- **Overview**: Maybank is Malaysia's largest bank, known for its strong financials and attractive dividend yields. Analysts expect continued growth and stability.

2. **Sime Darby Berhad**
- **Current Price**: MYR 2.19
- **Target Price**: MYR 2.62
- **Upside Potential**: 19.6%
- **Overview**: A diversified conglomerate with significant operations in the motor and industrial sectors, particularly in China and Australasia.

3. **CIMB Group Holdings Berhad**
- **Current Price**: MYR 5.41
- **Target Price**: MYR 5.87
- **Upside Potential**: 7.4%
- **Overview**: One of Malaysia's largest banks, CIMB has shown resilience and growth potential in the financial sector.

4. **Tenaga Nasional Berhad**
- **Current Price**: MYR 9.75
- **Target Price**: MYR 11.00
- **Upside Potential**: 12.8%
- **Overview**: Malaysia's primary electricity utility company, known for its stable earnings and strategic initiatives in renewable energy.

5. **Petronas Chemicals Group**
- **Current Price**: MYR 8.30
- **Target Price**: MYR 9.00
- **Upside Potential**: 8.4%
- **Overview**: A leading integrated chemicals producer, benefiting from strategic projects and government incentives.

6. **Gamuda Berhad**
- **Current Price**: MYR 4.60
- **Target Price**: MYR 5.15
- **Upside Potential**: 11.9%
- **Overview**: An engineering and infrastructure firm, well-positioned for growth from major public infrastructure projects.

7. **Sunway Group**
- **Current Price**: MYR 2.33
- **Target Price**: MYR 2.85
- **Upside Potential**: 22.3%
- **Overview**: A diversified conglomerate with interests in property, construction, healthcare, and education. The company benefits from its strategic assets and government policy support.

8. **DRB-Hicom Berhad**
- **Current Price**: MYR 1.30
- **Target Price**: MYR 1.50
- **Upside Potential**: 15.4%
- **Overview**: A diversified conglomerate involved in automotive, defense, and property sectors. Expected to benefit from government incentives for electric vehicles.

9. **RHB Bank Berhad**
- **Current Price**: MYR 5.30
- **Target Price**: MYR 5.85
- **Upside Potential**: 10.4%
- **Overview**: A major banking group in Malaysia, known for its strong financial performance and expansion plans.

10. **Bermaz Auto Berhad**
- **Current Price**: MYR 1.70
- **Target Price**: MYR 2.00
- **Upside Potential**: 17.6%
- **Overview**: An automotive company primarily involved in the distribution of Mazda vehicles. It has shown consistent growth and profitability.

These stocks have been identified based on their intrinsic value, recent financial performance, and technical analysis indicating potential for short-term growth.