Hitachi (HTHIY) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Hitachi (HTHIY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Here is how Hitachi Ltd. (HTHIY) and Marubeni Corp. (MARUY) have performed compared to their sector so far this year.
Hitachi is rated as a Buy, considering the valuation re-rating potential associated with ROIC improvement. The company aims to grow NOPAT by expanding its high operating margin Lumada business and reducing operating costs with the help of AI. Hitachi intends to shrink its invested capital base by divesting businesses or assets which boast low ROICs.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Hitachi (HTHIY) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Investors with an interest in Diversified Operations stocks have likely encountered both Hitachi Ltd. (HTHIY) and Danaher (DHR).
Investors looking for stocks in the Diversified Operations sector might want to consider either Hitachi Ltd. (HTHIY) or Danaher (DHR).
Hitachi (HTHIY) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
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.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Hitachi (HTHIY) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Hitachi (HTHIY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Hitachi (HTHIY) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.