MEC ranks 3rd in 'rising buy forecasts' among individual investors on Minkabu
As of 11:00 a.m. on the 2nd, MEC COMPANY LTD. <4971> ranked third in the rising buy forecasts category of the Retail Investor Forecasts (Latest 48 Hours) compiled by Minkabu.
MEC COMPANY shares extended losses on the Tokyo Stock Exchange. The electronic circuit board chemicals manufacturer reported a substantial increase in first-half (January-June) revenue and profit while raising its full-year guidance. Demand for its products used in advanced semiconductor package substrates remained firm, supported by the expanding generative AI market. While the stock's recent performance has been lackluster, investors appear to be positioning for dip-buying opportunities given its strong earnings, driving the rise in buy forecasts.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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