When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
HTHIF - Hitachi: A Signal For A Small/Mid-Cap Rotation
Hitachi Ltd.
2024-06-25 12:23:13 ET
Summary
Hitachi's valuation is around fair, taking a blended multiple approach for the main secular drivers of the business.
Growth is quite assured, and the profile of the business has been inorganically improving. Particular secular strength should come from high voltage products.
However, with the value not being clearly better than fair, we think Hitachi signals that the time to rotate into a smaller cap may be coming for Japanese investors.