
Xiaomi (XIACF): New Buy Recommendation for This Technology Giant
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According to TipRanks, Li is a 5-star analyst with an average return of 24.5% and a 61.19% success rate. Li covers the Technology sector, focusing on stocks such as TSMC, Micron, and United Micro.
In addition to Bernstein, Xiaomi also received a Buy from Macquarie's Cherry Ma in a report issued on June 4. However, on the same day, J.P. Morgan maintained a Hold rating on Xiaomi (Other OTC: XIACF).
Based on Xiaomi's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $111.29 billion and a net profit of $10.92 billion. In comparison, last year the company earned a revenue of $75.51 billion and had a net profit of $4.18 billion

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