SEHK:981Semiconductor
Is SMIC’s 133% 2025 Surge Still Justified by Cash Flow and Earnings Expectations?
If you have been wondering whether Semiconductor Manufacturing International is still a smart buy after its huge run up, you are not alone. This stock has become a lightning rod for debates about value versus momentum.
Despite a recent pullback of around 2.9% over the last week and 7.6% over the last month, the shares are still up an eye catching 133.4% year to date and about 161.4% over the past year, which naturally raises questions about how much upside might be left.
These moves have...