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《大行报告》摩通:市场高估亚太科技股明年盈利增长 料短期股价整固
阿思达克 07-16 12:19
摩根大通发表亚太区科技股策略报告表示,料亚太区科技股短期会呈整固,因市场对其盈利预测已过高(料2020年每股盈利升37%,仅低於新冠疫情前预测7%),亚太区科技股目前预测市盈率及市账率已处历史高位,较过去十年平均值高2个标准差,料未来将公布今年第二季业绩会迎来挑战。

该行指,市场已预期亚太区科技股明年每股盈利预测会迎强劲反弹(料按年升37%),但该行认为市场预期过度进取,或存在部份误解。

摩根大通指,亚太区科技股近月股价已累升10%,因市场料大型科技股第二季盈利可胜预期,认为行业估值处历史高位,指风险与回报比率已呈负面,若市场有任何下修科技股的明年盈利预测,将触发相关股份调整。

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