- Giugno 15, 2022
- Posted by: Oliver
- Categoria: Economics, Finance & accounting
Japanese technology major Sony remains one of the foremost manufacturers of consumer and professional electronic products. The company commands a market cap of $114.55 billion.
Shares of Sony are down 26.6% year-to-date, compared to the NYSE Composite’s fall of 8.3%.
Cox is bullish on the stock. He enjoys a success rate of 68% and an average profit of 12.2% on the stock,
The blogger opines that SONY “has excellent secular growth and is very well vertically integrated. This should enable it to continue to out-perform the market even if the macroeconomy continues to look bad.”
Overall, 91% of bloggers on TipRanks are bullish on Sony, compared to the sector average of 65%.
Conclusion
Considering Nick Cox’s performance on Tipranks, his aforementioned picks could help investors put wind in the sails of their investment portfolios