AmInvest Research upgrades tech sector to Overweight


AmInvestment Research has a Buy on Inari Amertron FV RM2.01 pegged to its five-year historical average PE of 23.5 times.

KUALA LUMPUR: AmInvestment Research upgraded its outlook on the technology sector to Overweight from Neutral for the 2H20 as the sector’s outlook remains resilient with Inari Amertron as its top pick.

The research house said on Friday its positive stance was despite the Covid-19 pandemic impact on operations from the implementation of partial and/or complete lockdowns and travel restrictions worldwide to curb the spread of the virus.

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