Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 15, 2022.
Krungsri Securities (KSS) has given a “BUY” recommendation on Carabao Group Public Company Limited (SET: CBG) with a target price at ฿130.00/share.
KSS stated that CBG would receive a positive sentiment from a decline of aluminum price hitting a one-year low at $2,328/ton as 60% of its total package is can in which aluminum accounts to 20-25% of CBG’s total cost. In the meantime, its 2Q22 results should grow due to its peak season.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Ekachai Medical Care Public Company Limited (SET: EKH) with a target price at ฿9.20/share.
FSS expected the 2Q22 profit to decrease Q-Q and Y-Y due to the high base in 1Q22 and 2Q21. Also, the COVID-19 situation in 2Q22 improved. However, it should be higher than the pre-COVID period, reflecting solid demand for healthcare services.
The 3Q22 profit may accelerate, in line with seasonality and higher COVID-19 infections. The latter is quickly filling up hospital beds. FSS expected the 2022 profit to drop by 36% Y-Y. However, it would be higher than the pre-COVID period by 24%.
EKH has support at Bt7.55//7.40 and resistance at Bt7.85-8//8.20.