Stock market April 17: Which stocks should you pay attention to?

The Vietnamese stock market entered the trading session on April 17 with a lot of information impacting both domestic and foreign markets. Notable stocks that securities companies have evaluated as noteworthy include C4G, SZC and GEX – each code carries its own story related to the industry outlook and the changing macro context.

C4G Stock – Expectations from infrastructure and BOT projects
CIENCO4 Group Joint Stock Company is expected to continue to grow revenue in 2025 thanks to the infrastructure construction sector - a sector that is being strongly promoted in the final year of the medium-term plan. In addition, the Dien Chau - Bai Vot expressway BOT project has officially started collecting tolls, creating a stable source of revenue. However, with the backlog of new contracts possibly decreasing due to procedural and site clearance problems, Bao Viet Securities Company recommends NEUTRAL with a target price of VND8,100/share.

SZC – Industrial real estate facing challenges
Sonadezi Chau Duc JSC faces challenges as demand for industrial park land leases slows down in 2025 due to global trade uncertainties. Although Q1/2025 profits increased sharply thanks to the signing of contracts from Tripod, long-term potential still needs to be re-evaluated as macroeconomic factors are unclear. Two major securities companies, BIDV and SSI, both maintain a neutral stance on SZC.

GEX – Good outlook but already reflected in price
GELEX Group has adjusted its target price up by 15% thanks to a reassessment of its assets in the Long Son electrical equipment and petrochemical sector. However, due to the strong increase in the stock price recently, Vietcap Securities has lowered its recommendation from "buy" to "outperform", although core profit in 2025 is forecast to decrease slightly by 4%.

Macroeconomic information and international risks affect the market
As trade tensions between the US and China continue to escalate, with the US announcing tariffs of up to 245% on Chinese goods and President Trump launching an investigation into imported minerals, global capital flows could be volatile. Beijing has said it is willing to negotiate if respected, while Trump has called on China to take the initiative.

In addition, China's economy showed signs of strong recovery in the first quarter of 2025 with industrial production and retail sales both growing positively. Domestically, gold prices continued to peak at nearly VND116 million/tael, indicating a tendency for cash flow to seek refuge.

Some other notable developments
The Ho Chi Minh City office market is about to enter a period of fierce competition from the second quarter of 2025. Several large enterprises such as Vinacafé Bien Hoa, MBS, D2D, Vinaseed and PGBank have also made changes in strategy, business results and personnel, reflecting their adaptation to the volatile investment environment.

Conclude
Investors entered the session on April 17 with a cautious mindset. Although some specific stocks such as C4G, SZC or GEX still have their own growth stories, global uncertainties and cash flow adjustments are making the market need more time to determine a clear trend. Closely monitoring international trade developments and capital flows will be key factors in the coming time.

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Source: https://baonghean.vn/thi-truong-chung-khoan-17-4-co-phieu-nao-nen-chu-y-10295294.html