Huge Week for Chips 5/26/23
Halftime Report
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Rio Tinto: Overweight Price Target, 75 Bucks
Rio Tinto, up 2.5% Morgan Stanley upgrades that stock to overweight price target, 75 bucks. Nice upside from here, 25%. Jenny, you own that, yeah? Yeah, so this is in our international dividend income strategy. Rob Seachan: We're going to stick with this AI chip gold rush. This is a great way to play at 30% pre-cash loan margins and 44% return on invested capital.
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