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$Mitsubishi Heavy Industries (7011.JP)$
The expansion of gas turbine demand and the fulfillment of defense-related orders are driving profits higher, and record profits are expected. The stock price has surpassed the daily 5MA (2,234 yen) and 25MA (2,199 yen), entering an upward trend. If it can break through the recent Support near 2,300 yen, further upside potential is anticipated. Given the strong performance, Buy on dips is effective. A quality stock that one would want to hold for the medium to long term. The robust orders in Electrical Utilities and defense are driving performance, with both the nuclear and defense sectors also doing well. As the government promotes an increase in defense spending, it will undoubtedly rise as one of the Hot Stocks.
The expansion of gas turbine demand and the fulfillment of defense-related orders are driving profits higher, and record profits are expected. The stock price has surpassed the daily 5MA (2,234 yen) and 25MA (2,199 yen), entering an upward trend. If it can break through the recent Support near 2,300 yen, further upside potential is anticipated. Given the strong performance, Buy on dips is effective. A quality stock that one would want to hold for the medium to long term. The robust orders in Electrical Utilities and defense are driving performance, with both the nuclear and defense sectors also doing well. As the government promotes an increase in defense spending, it will undoubtedly rise as one of the Hot Stocks.
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