Brocker.Org: Western Electronic to surge far more than 30% on flash memory chip lack, JPMorgan states

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Traders should really invest in Western Electronic shares since the company’s earnings next yr will appear in noticeably previously mentioned latest expectations, in accordance to JPMorgan, which upgraded the organization to overweight from neutral.

“We be expecting the organization to reward from the ongoing NAND [flash memory] lack. In addition, we take note that the Computer system current market is improving,” analyst Rod Hall wrote in a take note to shoppers Tuesday.

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