
Is there’s a hope for tech sector 2022?
- March 14, 2022
- 897
Tech stocks the world over have been absolutely hammered in 2022 so far, but it doesn’t spell danger for the sector overall. If you’re a keen investor in all things technology, you have reason to be a little concerned about the way the sector has started 2022. Everywhere you look, tech stocks are being hammered. Some of the world’s biggest names have not been immune: Netflix is down 33% this year, Tesla is down 21% and Amazon is down 16%.
COMPANY | Share Price On March 14, 2022 | Market Cap (RM Billion) | Target Price (RM) | Potential Upside (%) |
---|---|---|---|---|
Inari Amertron | RM2.91 | 10.78 | RM3.80 | 30.7 |
Malaysia Pasific Industries | RM31.20 | 6.54 | RM41.00 | 32.0 |
Unisem (M) | RM2.71 | 4.37 | RM3.50 | 29.0 |
Vitrox Corp | RM6.48 | 6.12 | RM7.80 | 20.5 |
D&O Green Technologies | RM3.99 | 4.93 | RM5.20 | 31.0 |
UWC | RM3.34 | 3.67 | RM4.50 | 29.0 |
Greatech Technology | RM3.41 | 4.26 | RM4.33 | 27.0 |
Frontken | RM2.69 | 4.25 | RM3.30 | 23.0 |
Pentamaster Corp | RM3.32 | 2.36 | RM4.00 | 21.0 |
Dufu Technology | RM2.63 | 1.42 | RM3.41 | 30.0 |
“I am not worried about seven rate hikes not for a while because now the central bankers are scared because of the war and that is one reason that I suspect we are going to have a big rally before too much longer,” says Jim Rogers, Investor and Author, Street Smarts: Adventures on the Road and in the Markets.
The research, information and financial opinions expressed in this article are purely for information and educational purpose only. We do not make any recommendation for the intention of trading purposes nor is it an advice to trade. Although best efforts are made to ensure that all information is accurate and up to date, occasionally errors and misprints may occur which are unintentional. It would help if you did not rely upon the material and information. We will not be liable for any false, inaccurate, incomplete information and losses or damages suffered from your action. It would be best if you did your own research to make your personal investment decisions wisely or consult your investment advisor.
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