Samsung Stock `Grossly' Undervalued, Kumar Says

Samsung Stock `Grossly' Undervalued, Kumar Says Play

Oct. 4 (Bloomberg) -- Ashok Kumar, an analyst at Maxim Group LLC, talks about Samsung Electronics Co.'s financial performance and business outlook. Samsung, the world’s biggest maker of smartphones, posted third-quarter profit that beat estimates as sales of cheaper handsets in emerging markets cushioned the impact of slowing demand for high-end devices. Kumar speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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