“Our top pick within the sector is MMC Corporation and Westports as we anticipate the recovery in container throughput over the next six to 12 months, ” it said.
KUALA LUMPUR: AmInvestment Research upgraded its call on the transportation & logistics sector to Neutral from Underweight with MMC Corporation (Buy, FV RM1.56) and Westports (Buy, FV RM4.45), as top picks.
To ride on the recovery in the air travel segment, the research house said on Thursday it prefers airport operator Malaysia Airports (Buy, FV RM6.64) to airline AirAsia (Sell, FV 44 sen).
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