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πƒπžπ₯𝐭𝐚 π…π¨π«πœπž 𝐎𝐟𝐜 || ROMBAK

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πƒπžπ₯𝐭𝐚 π…π¨π«πœπž 𝐎𝐟𝐜 || ROMBAK
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πƒπžπ₯𝐭𝐚 π…π¨π«πœπž 𝐎𝐟𝐜 || ROMBAK Telegram | DID YOU KNOW?

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The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothersβ€”or maybe the next Silverado?β€”echoed through the canyons of Wall Street as investors prepared for the worst.

However, analysts are positive on the stock now. β€œWe have seen a huge downside movement in the stock due to the central electricity regulatory commission’s (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.

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Created: 2021-06-09

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Telegram πƒπžπ₯𝐭𝐚 π…π¨π«πœπž 𝐎𝐟𝐜 || ROMBAK, 639920 Telegram Group & Telegram Channel, USA,

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