Watch out: These tech stocks have heavy manufacturing exposure to China, Citi warns

Tech companies that source a large part of their supplies from China could suffer under a second Trump term, according to Citi. With Donald Trump winning his reelection bid last week, U.S.-China trade tensions are anticipated to ramp up. During his campaign, Trump proposed a universal tariff of up to 20% on all imports and a higher 60% levy on Chinese goods. Under such an economic proposal, companies with the most exposure to Chinese manufacturing could take a hit.

Analysts are generally neutral on the computer peripherals manufacturer, with four of the eight covering the stock rating it as a hold, LSEG data shows. That said, Logitech's average price target implies a potential upside of 20%. "Magnificent Seven" titan Apple was another name on the list. Shares of the iPhone maker have advanced 17% this year.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

US stocks attracted $11bn in inflows last week as China outflows continue: CitiUS stocks attracted $11bn in inflows last week as China outflows continue: Citi
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »

Position defensively in China stocks amid stimulus watch, Trump jitters- UBSPosition defensively in China stocks amid stimulus watch, Trump jitters- UBS
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »