Hitachi, Ltd. (6501.T)
- Bloomberg
Hitachi Is Said to Plan Selling Stake in Johnson Aircon JV
(Bloomberg) -- Hitachi Ltd. is planning to sell its 40% stake in an air-conditioning joint venture with Johnson Controls International Plc, according to people familiar with the matter. Most Read from BloombergWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanStocks Struggle to Make Headway on Economic Signs: Markets WrapCiti Pitches Money-Moving ‘Crown Jewel’ as Central to RevampFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanThese Are the World’s Most Expens
- Zacks
Recent Price Trend in Hitachi (HTHIY) is Your Friend, Here's Why
If you are looking for stocks that are well positioned to maintain their recent uptrend, Hitachi (HTHIY) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
- Yahoo Finance Video
Industrial moves for the AI boom: Top picks
Neuberger Berman Climate Innovation Portfolio Manager Evelyn Chow joins Market Domination to give insight into AI and its role in the industrial space. Chow notes that one of the "really interesting" details about the success of industrials and the XLI (XLI) year to date is that they kept pace with the S&P 500 (^GSPC) for most of the year, despite the dominance of megacap tech in the equity market narrative. She notes that this trend stems from industrial participation in AI and electrification. "So one of the ones I really like best is a company called Nvent Electric (NVT). It's a somewhat underappreciated mid-cap company that's emerged as the leader in liquid cooling. Now, liquid cooling is a technology that Jensen [Huang] actually referenced several times in the last Nvidia (NVDA) earnings call. And it's really critical because AI data centers have three times the power density of a traditional data center," Chow tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
