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).
New co-engineered solutions accelerate innovation, enhance operational flexibility, and promote sustainability across multiple environments LAS VEGAS , Aug. 26, 2024 /PRNewswire/ -- VMware Explore 2024 Hitachi Vantara , the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501) and Broadcom Inc. (NASDAQ: AVGO) , today announced a powerful new private and hybrid cloud solution.
Investors looking for stocks in the Diversified Operations sector might want to consider either Hitachi Ltd. (HTHIY) or Danaher (DHR).
STUTTGART, Germany--(BUSINESS WIRE)--Bosch, the supplier of technology and services, is continuing its growth course with a strategic acquisition. For its Energy and Building Technology business sector, the Bosch Group plans to take over the global HVAC solutions business for residential and light commercial buildings from Johnson Controls. As part of this transaction, Bosch also intends to acquire 100 percent of the Johnson Controls-Hitachi Air Conditioning (JCH) joint venture, including Hitac.
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.
Oracle Cloud VMware Solution and Oracle Exadata Database Service help ensure fast and reliable cloud migration of mission-critical systems The company has reduced operating costs by 20 percent while improving performance in other key areas AUSTIN, Texas , July 1, 2024 /PRNewswire/ -- Oracle today announced that Hitachi Construction Machinery Co., Ltd. has selected Oracle Cloud Infrastructure (OCI) to migrate its large-scale, mission-critical business systems for accounting, development, production, design, sales, parts, export, human resources, and services.
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.