Bubble or no bubble, this is the best stock for AI exposure: analyst
Investing.com - JPMorgan has initiated coverage on South Korean beauty technology company APR Corp (KS:278470) with an Overweight rating and a price target of KRW340,000.00.
The company has demonstrated strong growth in both its beauty device and cosmetics segments, which have reported compound annual growth rates of 210% and 28%, respectively, over the past three years.
APR Corp has expanded its international presence significantly, with over 70% of sales now generated outside South Korea, positioning the company as an emerging global player in the beauty technology market.
Despite experiencing a 20% price correction following a 448% rally since January 2025 (compared to the KOSPI index’s 76% gain during the same period), JPMorgan maintains a positive outlook on the stock.
The investment bank cited APR’s high success ratio in launching popular products, growing brand loyalty that provides a sustainable earnings base, and robust earnings momentum driven by geographic and channel diversification as key factors supporting its Overweight rating.
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