After losing some value lately, a hammer chart pattern has been formed for Murata Manufacturing (MRAAY), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
KYOTO, Japan, July 25, 2024--Murata introduces GRM188C80E107M and GRM188R60E107M MLCC, the first in the world to offer 100μF capacitance in a 0603-inch (1608mm) package.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Murata Manufacturing (MRAAY) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.