Kaohoon Online has selected stocks with a high-growth potential for investors to consider on August 26, 2022.
Krungsri Securities (KSS) has given a “BUY” recommendation on Charoen Pokphand Foods Public Company Limited (SET: CPF) with a target price at ฿31.50/share.
KSS expected 3Q22 earnings of CPF to continue on a positive side due to the peak season of the export sector, which would potentially increase CPF’s selling volume. The company will continue benefiting from rising pork and chicken prices to reflect revenue and net profit growth.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Beryl 8 Plus Public Company Limited (SET: BE8) with a target price at ฿65.00/share.
MST expected earnings in 2H22 would accelerate from the recognition from the deal with Thai Post, the consolidation with X10 and the investment in Baycom should support the company’s earnings this year and fully-recognized in the next year.