Cinda securities issued a research report on March 8, saying that it maintained the buying rating of Quectel Wireless Solutions Co.Ltd(603236) ( Quectel Wireless Solutions Co.Ltd(603236) .sh, latest price: 177.02 yuan). The reasons for rating mainly include: 1) the performance is in line with expectations, and the “module supermarket” has broad growth space; 2) In the medium and short term, the company has strong growth certainty – two advantages to consolidate the company’s moat; 3) From a long-term perspective, the company has broad growth space and long-term development ability. Risk tip: the development of the Internet of things industry is less than expected, the intensified competition in the Internet of things industry leads to a price war, and the covid-19 epidemic spreads repeatedly.
AI comments: Quectel Wireless Solutions Co.Ltd(603236) in the past month, it has received the attention of 4 research reports of securities companies, including 3 buyers and 1 overweight.
