Samsung Third-Quarter Operating Profit Meets Estimates

Samsung Third-Quarter Operating Profit Meets Estimates

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Business

University

Hard

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Samsung reported record-high quarterly sales and a 25% profit growth, driven by strong demand in its semiconductor and smartphone divisions. Despite a recent 20% drop from its January peak, analysts maintain a buy rating on Samsung's stock, expecting a 40% return over 12 months. The stock's future depends on foreign investor interest and currency stability.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How have analysts rated Samsung's stock despite its recent performance?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential long-term prospects for Samsung's stock according to analysts?

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