Kaohoon Online has selected stocks with a potentially high growth for investors to consider on January 6, 2021.
Kasikorn Securities (KS) has given a “BUY” recommendation on Precious Shipping Public Company Limited (PSL) with a target price at ฿9.25/share.
KS expected that PSL’s earnings are likely to hit a 10-year high in 2021 as KS lifted 2020-22 earnings by 128% and 72%, respectively, after raising freight rate by 9% and 7%, respectively, to US$11,700/vessel/day and US$12,000, respectively. Moreover, restocking demand in China will likely drive BDI further up in 2021, while the BDI is expected to resume an upward trend from 1Q21 onward.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on JWD Infologistics Public Company (JWD) with an initial target price at ฿10.00/share.
FSS recommended a target price for JWD at Bt10, but expecting to revise up further as the momentum of its 4Q20 earnings continue to recover from the business in both domestic and international, following the economic recovery as demand for warehouse management services grows.