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Minkabu Investor Sentiment: Chiyoda Ranks 4th in Rising Buy Predictions
Chiyoda Corporation <6366> ranked 4th in "rising buy predictions" as of 1:00 p.m. on the 30th, according to "individual investor predictions (latest 48 hours)" compiled by Minkabu.
Chiyoda has been searching for a bottom, falling for four consecutive days amid the broader market decline. The Mitsubishi-affiliated major plant construction company has a strong track record centered on liquefied natural gas (LNG) plants. The company has also attracted attention for its capabilities in expanding into the hydrogen sector and gained popularity as part of the energy-related sector. However, the stock has fallen sharply since forming a high of \1,830 on February 12th. With the stock now down to less than half its recent peak, some investors appear to be targeting it as a buying opportunity on dips.
Source: MINKABU PRESS
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