Beware these stocks lurking in your portfolio as China economy wobbles

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

See which stocks have the highest revenue exposure to China.

Turmoil in the Chinese economy can mean bad news for a range of popular stocks. U.S.-listed stocks ranging from chipmakers to resort chains and car-part makers can all be helped or hurt by the state of the Chinese economy. And the global superpower has flashed warning signs in recent days, signaling stocks with exposure to the country could feel pressure. Industrial production in China rose 3.7% on a year-over-year basis, according to data released on Tuesday.

mountain Microvast's history Both stocks have moved similarly this year. Las Vegas Sands has risen nearly 15% on the year, while Wynn has jumped about 16%. And each has garnered buy ratings from the average Wall Street analyst, according to Refinitiv. Las Vegas Sands' average price target implies an upside of about 28%, while Wynn's signals that shares could rise 32%. Amphenol , Corning and Western Digital were also among the most exposed names.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock Market News Today: Indexs decline as China's property woes swirlUS stocks edge lower as August slump continues amid China property woes
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »