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June 23, 2020, 10:14 a.m. EDT

Undervalued US Stocks With Bullish Signals: $CUK $PTR $ASX

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    Carnival PLC ADR (CUK)
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    PetroChina Co. Ltd. ADR (PTR)
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    ASE Technology Holding Co. Ltd. ADR (ASX)

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Jun 23, 2020 (The Market Signal via Comtex) -- The Market Signal was created as a platform to help investors find the best free Stock Reports on stocks they own. If you are a shareholder or looking for stocks to buy /zigman2/quotes/200877079/composite CUK -4.18% , /zigman2/quotes/205108732/composite PTR -0.61% or /zigman2/quotes/205693818/composite ASX -2.15% then we strongly urge you to join our community by signing up with the link below and getting a completely free research report on each company today.

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Carnival Corporation waits for CDC green light to start sailing again

https://themarketsignal.com/Free-Report/CUK

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Carnival Corporation (NYSE:CUK ) has a PEG ratio of 0.25, which is less than 1, indicating that the company is undervalued and bullish. Even as the economies of world started unlocking, there seems to be a long wait for Carnival Cruise Line fans before the ships start sailing again. The company head, Arnold Donald in an interview with The Points Guy recently, stated, "It's a regulatory matter and I learned a long time ago not to try to forecast regulatory dates."

The timetable for these cruise ships to start sailing is largely dependent on regulatory agencies in the U.S., such as Disease Control and Prevention or CDC. There are nine brands of cruises of this company, all of which are anchored and waiting for the CDC signal to start afloat. These brands include Seabourn, Cunard Line, Holland America, Princess Cruises and Carnival Cruise Line among others.

The regulatory order from CDC is to expire on July 24, but may be extended in the light of rising infections, which are still high even as the curve has started to flatten. For the meantime, other countries such as Australia and Canada too have put the cruises sailing on hold.

PetroChina continued with steady production and operation in Q1

https://themarketsignal.com/Free-Report/PTR

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PetroChina Company /zigman2/quotes/205108732/composite PTR -0.61% has a PEG ratio of 0.31. As the PEG Ratio is less than 1, reflecting that the company is undervalued and indicated bullish signals. Among the most bogged industries during worst-hit months of pandemic lockdown is oil and gas businesses. The virus made its first entry in China and spread to the world thereafter. While many economies are still reeling under the effects of coronavirus infection outbreak, China has recovered rather fast. The company, while announcing its first quarter results, revealed that PetroChina had steadily promoted its production and operation in Q1-2020.

The company says that it is focused on profitability-oriented and exploration based development, with an aim to increase economic scale of recoverable reserves. In Q1-2020, the company achieved 414 million barrels oil and natural gas output, which represented 6.1% year on year increase.

PetroChina said that it responded to the challenges of virus outbreak and low oil prices rather fast and continued with cost curbing. During the first quarter, the company generated RMB14, 883 million of operating profit, indicating an increase of 3.9% when compared with the previous year.

ASE Technology is indicating improvement in underlying business

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ASE Technology Holdings /zigman2/quotes/205693818/composite ASX -2.15% has a PEG ratio of 0.45. As the PEG Ratio is less than 1, the company is undervalued and is bullish. There has been a rising estimate for earnings for ASE Technology, which is consequently upgrading. Fundamentally, this is reflecting an improvement in the underlying company business.

The investors are appreciative of company's improving trend and this is pushing the stock higher. For FY-2020, ASE Technology is expected to earn as much as $0.37 per share, reflecting that there can be a change of 48% from the reported numbers a year ago.

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The post Undervalued US Stocks With Bullish Signals: $CUK $PTR $ASX appeared first on The Market Signals .

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/zigman2/quotes/200877079/composite
US : U.S.: NYSE
$ 11.24
-0.49 -4.18%
Volume: 1.63M
July 31, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
17.79%
Market Cap
$10.04 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/205108732/composite
US : U.S.: NYSE
$ 34.45
-0.21 -0.61%
Volume: 197,816
July 31, 2020 4:00p
P/E Ratio
9.50
Dividend Yield
4.04%
Market Cap
$110.56 billion
Rev. per Employee
$678,384
loading...
/zigman2/quotes/205693818/composite
US : U.S.: NYSE
$ 5.01
-0.11 -2.15%
Volume: 1.37M
July 31, 2020 4:00p
P/E Ratio
17.89
Dividend Yield
1.75%
Market Cap
$11.01 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/205108732/composite
US : U.S.: NYSE
$ 34.45
-0.21 -0.61%
Volume: 197,816
July 31, 2020 4:00p
P/E Ratio
9.50
Dividend Yield
4.04%
Market Cap
$110.56 billion
Rev. per Employee
$678,384
loading...
/zigman2/quotes/205693818/composite
US : U.S.: NYSE
$ 5.01
-0.11 -2.15%
Volume: 1.37M
July 31, 2020 4:00p
P/E Ratio
17.89
Dividend Yield
1.75%
Market Cap
$11.01 billion
Rev. per Employee
N/A
loading...

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