Saxo Group Videos

Videos Channels Search

Why I’m long Samsung: Garnry

Peter Garnry, head of equity strategy in Saxo Bank, explains why he is long Samsung but short Apple.


Garnry thinks that Samsung will revive its growth rate in its mobile segment - which represents 50% of its business - with new products such as the Galaxy S7 mobile performing well. Samsung’s share price went down 15% in the past year. 

Apple, says Garnry, is losing momentum amid an incoming price war where he believes Samsung will perform strongly due to the ability to produce units at a cost-efficient price.

00:58 minutes
Tags: apple, apple iphone, long, long positions, mobile, mobile phone, mobile technology, peter garnry, peter garnry saxo bank, samsung, samsung electronics, samsung galaxy, saxo, saxo bank, saxo bank saxo tv, saxo bank trading floor, saxo bank tradingfloor.com, saxo tv, saxo tv saxo bank, saxo tv trading floor, saxo tv tradingfloor, saxo tv tradingfloor.com, saxobank, saxotrader, saxotradergo, saxotv, shares, shares down, shares prices, short, trade, trade idea, trade view, trader, tradingfloor.com

Switch to