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.