Yacktman Fund Comments on Samsung Electronics

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Jun 08, 2022
Summary
  • A top detractor.
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Samsung (XKRX:005935, Financial) was generally weaker in the technology sector but remains remarkably inexpensive. While the market can overreact to the cyclical nature of Samsung’s businesses, the company’s balance sheet with more than $100 billion in net cash and investments provides downside protection.

From the Yacktman Fund (Trades, Portfolio)'s first-quarter 2022 commentary.

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