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Minkabu Individual Investor Forecasts: Mitsubishi Heavy Industries Ranks 3rd in Rising Buy Predictions
According to "Minkabu's" aggregated "Individual Investor Forecasts (Latest 48 Hours)" as of 1:00 p.m. on the 1st, Mitsubishi Heavy Industries <7011> ranked 3rd in "Rising Buy Predictions."
Mitsubishi Heavy Industries rebounded sharply for the first time in three days. The stock has clearly recovered, eliminating the negative divergence from its 75-day moving average. With concerns over the Middle East situation receding, the U.S. stock market saw significant gains the previous day, and the Tokyo market followed suit. Even if a ceasefire with Iran is realized, the trend toward increased defense spending globally against the backdrop of heightened geopolitical risks has become irreversible. Defense-related stocks, which had been sold off due to poor supply-demand conditions, are now attracting bargain-hunting buying. In this context, shares of the company, a bellwether for defense-related stocks, have caught the trend, and many investors appear to remain bullish.
Source: MINKABU PRESS
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