Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 3, 2023.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Beryl 8 Plus Public Company Limited (SET: BE8) with a target price at ฿70.00/share.
MST expected BE8’s 4Q22 profit to continue reaching new highs, boosted by its core business growth, coupled with a full-quarter revenue recognition from X10. 2023 will be the year that BE8 starts to recognize full-year revenue from Bay Computing Co. Ltd., which should support its business growth.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Siam Makro Public Company Limited (SET: MAKRO) with a target price at ฿42.00/share.
MST expected 4Q22 performance to recover, which should be its highest in 2022. 2023 outlook tended to be better from the recovery in Lotus’s after the rebranding and synergizing with the company. MAKRO’s 2023 net profit is expected to increase 72%, while the increase in free float that meets SET’s requirement should be a positive factor for the securities to be included in MSCI Index in the future.
