@koolgal:๐๐๐With the current Iran war and blockade in the Strait of Hormuz, oil prices are trending upwards. Airlines are facing a tough time as jet fuel prices are eating into their profits. Nonetheless well run airlines like $Southwest Airlines(LUV)$ can still perform better than its peers due to its low cost model. Let's hope peace will be restored in the Middle East so that fuel prices can go down. Once that happens, airline stocks may shoot up like a rocket to the moon.๐๐๐๐ฐ๐ฐ๐ฐ
$TENCENT(00700)$ Morton expects Tencent's share price to fluctuate in the next one to two quarters, but the bank expects the company's profit to accelerate in 2022, and the stability of the regulatory environment will promote the stock price performance in the next 6-12 months. To sum up, Morton maintained Tencent's (00700) overweight rating, and the target price continued to look at HK $640.