LG Electronics Shares Jump 36% This Month as Robotics Fuels 20% Upside View

LG Electronics has surged 36% so far this month, and a recent report said its share price could rise another 20%. The report cited companywide improvements in cost structure and greater efficiency in marketing spending as signs that the company’s fundamentals have strengthened. It also pointed to the robotics business as a new growth area drawing investor attention. Despite the sharp short-term rally, cost control and new-business momentum were presented as reasons for possible further upside. Source: mk.co.kr