Do You Believe Samsung's Mobile Phone Business Is Worth More Than Zero?
Weighing Machine • Today, 2:40 AM
- Samsung has underperformed the S&P 500 by nearly 1000 basis points over the past year. Today, Samsung shares trade at just 7x earnings.
- Samsung has an incredible track record of profitable growth over the past decades.
- Samsung shares are priced as if it's handset business is worth 0. There are good reasons to believe this is not the case.
- When investors begin to believe that the handset business will continue to generate meaningful profits in the future, Samsung shares could rise 60%.