Temasek portfolio value logs modest rise; has a cautious approach to China
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 09 2024
0mins
Source: Yahoo Finance
- Temasek's Portfolio Performance: Temasek reported a 1.8% gain in its net portfolio value, with profits from U.S. and India investments offsetting underperformance in China.
- Geographical Exposure Shift: Temasek's exposure to the Americas exceeded that of China for the first time in a decade, with the U.S. accounting for 22% of its portfolio.
- Investment Plans: The firm plans to increase investments in Japan and Southeast Asia while considering expanding into the Middle East due to favorable policies.
- Portfolio Reshaping: Temasek aims to reshape its portfolio, focusing on companies less reliant on exports in China amid geopolitical tensions.
- Future Investment Focus: Temasek will continue seeking opportunities in artificial intelligence, green transition, and innovative sectors globally.
Analyst Views on MA
Wall Street analysts forecast MA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MA is 684.13 USD with a low forecast of 525.00 USD and a high forecast of 1088 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
24 Analyst Rating
20 Buy
4 Hold
0 Sell
Strong Buy
Current: 532.860
Low
525.00
Averages
684.13
High
1088
Current: 532.860
Low
525.00
Averages
684.13
High
1088
About MA
Mastercard Incorporated is a technology company in the global payments industry. The Company connects consumers, financial institutions, merchants, governments, digital partners, businesses and other organizations worldwide by enabling electronic payments and making those payment transactions secure, simple, smart and accessible. It provides a range of payment solutions and services using its brands, including Mastercard, Maestro and Cirrus. It operates a payments network that provides choice and flexibility for consumers, merchants and its customers. Through its proprietary global payments network, it switches (authorizes, clears and settles) payment transactions. Its additional payments capabilities include automated clearing house (ACH) transactions (both batch and real-time account-based payments). It offers security solutions, consumer acquisition and engagement, business and market insights, gateway, processing and open banking, among other services and solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
