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JX Advanced Metals takes second spot for surge in buy calls on Minkabu
JX Advanced Metals Corporation <5016> ranked second in "rising buy predictions" as of noon on the 16th, according to the retail investor predictions compiled by Minkabu.
JX Advanced Metals rebounded on the Prime Market on the 16th. The stock hit a record high of 5,574 yen on the 15th and remains among the most traded issues across all markets. The company holds a 60% global market share in sputtering targets, which are thin-film materials used in chip manufacturing. It is also gaining recognition for growing demand for its indium phosphide substrates used in data center communications equipment. The stock has attracted interest as a semiconductor and data center play, with expectations growing for further gains in the 5,000 yen range.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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