Are Samsung stocks in a long term decline?
07/07/2023 •
Yes — The majority of comments indicate a belief in a long-term decline of Samsung stocks, citing factors like business struggles, excess inventory, and a decline since 2016.
Stats
| 60% | 85 | |
| 40% | 57 | Mastodon |
| 46% | Negative |
| 32% | Neutral |
| 22% | Positive |
| 37% | 😢 Sadness |
| 32% | 😱 Fear |
| 31% | 😃 Joy |
| 0% | 🥰 Love |
| 0% | 😡 Anger |
| 0% | 😯 Surprise |
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Story
- There are contrasting viewpoints on the future prospects of Samsung stocks. Some believe that the long-term decline is indicative of Samsung's past glory and that its days as a quality stock are behind, while others argue that recent successes and potential growth opportunities may signal a rebound.
- Several people associate the decline in Samsung's stocks with their business struggles, especially those related to inventory management during the pandemic. They perceive this as an excellent opportunity to purchase the stock for long-term ownership, given its 1-year lows and oversold status according to the RSI (Relative Strength Index).
- Some individuals forecast boycotts and outrage around Samsung, predicting a downward price action for the stock. However, there is uncertainty regarding the stock's potential to recover from such a downturn. Even though not fans of Samsung's products, they recognize its future economic relevance and express a willingness to invest if the price falls below $100.
- External factors such as declining Mac revenue are considered by some as potential contributors to Samsung's long-term stock performance decline. These factors are causing hesitation for Samsung and LG on Gen 8.
- The smartphone market contraction is seen by some as a challenge for Samsung. However, others argue that Samsung's success in surpassing Apple in smartphone shipments during Q1 2023 suggests that Samsung stocks may still hold potential.
- Some individuals attribute Samsung's decline in stocks since 2016 to the company's past glory, indicating a belief that the quality of the stock has deteriorated over time.
- The pandemic's impact on Samsung's inventory management is viewed differently. Some argue that low inventory levels resulted from supply shocks and poor operational planning, while others attribute it to a whipsaw effect from the pandemic, leading to an oversupply.