- Barrons.com•11 days ago
Apple (AAPL) lens supplier Largan Precision (3008.Taiwan) has no plans to stop outperforming. Largan Precision has already rallied 37% this year on expectations Apple will adopt dual cameras for its high-end iPhone 7 models this fall. This morning, Largan jumped another 8.5% as its second-quarter profit beat analysts' forecasts and its management painted a sunny outlook for its sales in the second-half.
- Barrons.com•26 days ago
Taiwan's lens manufacturer Largan Precision (3008.Taiwan) has already advanced 28.6% this year on expectations that Apple (AAPL) will adopt dual-cameras for its iPhone 7 this fall, making Largan a rare outperformer in the smartphone hardware space. Not too late, according to Jefferies, which upgraded this stock to Buy with a price target of 3,500 new Taiwan dollars, implying another 20% upside. Huawei's new flagship P9 has already adopted dual camera technology and all smartphone vendors will want to do the same to differentiate their products.
Largan Precision Co., Ltd.Taiwan
|52wk Range||1,790.00 - 3,525.00|
|Day's Range||3,325.00 - 3,395.00|
|Avg Vol (3m)||605,281|
As of 9:51 PM EDT. Taiwan Delayed Price. Market open.