[Featured Stock] BH, "Buying Opportunity at Low Price"... Surges Over 9%
![[Featured Stock] BH, "Buying Opportunity at Low Price"... Surges Over 9%](http://www.asiae.co.kr/news/img_view.htm?img=2019050706545299661_1557179692.png)
[Asia Economy Reporter Kwon Jae-hee] BH is showing a surge of over 9% in the early trading session.
On the 16th, BH is trading at 20,650 KRW, up 9.26%.
The previous day, NH Investment & Securities gave BH a 'Buy' rating and set a target price of 29,000 KRW.
BH is a manufacturer of flexible printed circuit boards for smartphone displays. NH Investment & Securities expects BH to benefit as the North American smartphone client it supplies is projected to record the highest sales volume ever this year.
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Lee Kyu-ha, a researcher at NH Investment & Securities, stated, "With the North American client's smartphone sales expected to reach an all-time high and competitors withdrawing from the business, market share expansion is underway. Despite the forecast of record-high performance this year, the valuation remains at a historical low, making it a buying opportunity at a low price."
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