Kenanga Research has upgraded its recommendation on the technology sector to an “overweight’’ from “neutral’’ as it believes the sector is turning the corner.
PETALING JAYA: A firmer recovery is expected for the technology sector in the second half of this year (2H24) and this bodes well for the players.
Players themselves have guided for a stronger outlook ahead and this is consistent with Kenanga Research’s views. Its top picks for the sector include Kelington Group Bhd
(KGB), Inari Amertron Bhd
and LGMS Bhd
.
