Undervalued Sony Poised to Rise 39%, Oasis's Fischer Says
- Chief Executive Kazuo Hirai has overseen turnaround since 2012
- Sony has great businesses, corporate governance, Oasis says
Oasis CIO Says Toshiba Has Great Semiconductor Business
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Oasis Management’s Seth Fischer said shares of Sony Corp. are undervalued and could rise as much as 39 percent.
The stock advanced as much as 1.3 percent in early trading in Tokyo Thursday to snap two straight days of declines, at one point heading for its highest closing level since August 2008. The benchmark Topix index was little changed.