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Is HTC's Luck Turning Around?

2.5By Reuben Levine April 12, 2013 06:42 PM

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Is HTC's Luck Turning Around?

It seems that HTC may be on its way to a much better 2013. According to the Tapei Times, the Asia Pacific branch of JPMorgan Securities has upgraded HTC stock from "underweight" to "neutral," and expects to see a "mini-turnaround." This is apparently all due to the HTC One performing -- and expected to continue to perform -- better than originally assumed. This serves as a spot of good news after HTC's most recent loss announcement.

HTC is still going to have to be highly competitive to stay on the upswing, and it's possible that the HTC First could help them do that. Though HTC is still very much the underdog in this race, it's nice to see a ray or two of sunshine finally starting to poke through. Once the Galaxy S4 is released we'll have a better understanding of where HTC is going.


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