Kaohoon Online has selected stocks with a high-growth potential for investors to consider on April 19, 2023.
Phillip Securities (Thailand) has given a “BUY” recommendation on Krungthai Card Public Company Limited (SET: KTC) with a target price at ฿68.00/share.
Phillip stated that spending through credit cards continued to increase in the first quarter of 2023, which tops its projection, resulting in a growing loan portfolio. The company is now focusing on different types of loans, which led to higher returns.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Ichitan Group Public Company Limited (SET: ICHI) with a target price at ฿14.00/share.
FSS expected 1Q23 earnings to increase 9% QoQ and 103% YoY, reaching a record high in seven years with high revenue and margin. FSS expected net profit to continue growing in 2Q23 due to its peak season and fully recognized revenue from OEM. Currently, FSS estimates earnings in 2023 to increase 14% YoY.
