Added to YB: 2024-01-03
Pitch date: 2024-01-03
DQ [bullish]
Daqo New Energy Corp.
+33.91%
current return
Author Info
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Company Info
Daqo New Energy Corp., together with its subsidiaries, manufactures and sells polysilicon to photovoltaic product manufacturers in the People’s Republic of China.
Market Cap
$1.4B
Pitch Price
$24.09
Price Target
N/A
Dividend
N/A
EV/EBITDA
74.22
P/E
-12.97
EV/Sales
0.56
Sector
Semiconductors and Semiconductor Equipment
Category
value
Show full summary:
Top Value Stock 2024: Daqo New Energy
$DQ polysilicon oversupply pressuring prices & profits but strong balance sheet ($3.28B cash, no debt), cheap 3 P/E & 0.4 P/B for possible buybacks. Expanding into Si metal & semi-grade poly. Catalysts: US poly acceptance, buybacks, div. Strong Buy despite risks.
Read full article (7 min)