[Featured Stock] SK Telecom Rises on Expectations of Securing Both Stability and Growth
SK Telecom's stock price is on the rise. Expectations for growth expansion through artificial intelligence (AI), based on stable performance, appear to be influencing the stock price.
![[Featured Stock] SK Telecom Rises on Expectations of Securing Both Stability and Growth](http://www.asiae.co.kr/news/img_view.htm?img=2024072208164559128_1721603806.jpg)
At 9:36 a.m. on the 7th, SK Telecom was trading at 54,800 won, up 5.79% from the previous day.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
Choi Gwan-soon, a researcher at SK Securities, stated, "Stable sales in wired and wireless telecommunications and favorable cash flow through cost efficiency are expected, and with visible results from AI imminent, it can satisfy both stability and growth." He added, "The expected price-earnings ratio (PER) for this year is 8.8 times, and with AI results confirmed, there is room for a multiple increase, indicating high potential for stock price growth."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
