U.S. companies with the highest percentage of sales to China have outperformed WTD
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 27 2024
0mins
Source: SeekingAlpha
China's Stock Market Surge: China's CSI 300 stock index has increased by 10.8% for the week and 19% in the last five days due to announced fiscal stimulus plans and rate cuts.
Positive Impact on U.S. Stocks: Some U.S. stocks are experiencing a positive boost, particularly reflected in the S&P 500 index.
Analyst Views on AOS
Wall Street analysts forecast AOS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AOS is 76.86 USD with a low forecast of 72.00 USD and a high forecast of 85.00 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.
8 Analyst Rating
2 Buy
6 Hold
0 Sell
Hold
Current: 72.240
Low
72.00
Averages
76.86
High
85.00
Current: 72.240
Low
72.00
Averages
76.86
High
85.00
About AOS
A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and others. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Water-Right, Master Water, Atlantic Filter, Impact, and Water Tec brands.
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.
