STMicroelectronics N.V. : An extremely reassuring road show on the short term and positive vision on the long term
>We reiterate our Outperform recommendation after a road show with the CEO and CFO, the stock remains severely discounted - Following Q4 2022 results and guidance for Q1 2023 and 2023 that came in above expectations (Fr/ En), we organised a road show in Paris with Jean Marc Chery, (CEO) and Lorenzo Grandi (CFO). We left feeling entirely reassured on the trend in the mix in personal electronics in a major client programme (in short no loss of slots with the group's big...STMicroelectronics is a global independent semiconductor company that designs, develops, manufactures and markets a broad range of semiconductor integrated circuits (“ICs”) and discrete devices. Co. offers a diversified product portfolio and develops products for a wide range of market applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems. Within its diversified portfolio, Co. is focused on developing products that leverage its technological strengths in creating customized, system-level solutions with digital and mixed-signal content.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.