TSE:5406Metals and Mining
Is Now the Moment to Reassess Kobe Steel’s Value After Its 5-Year 449% Price Surge?
If you are looking at Kobe Steel and wondering whether now is a good time to get in or take some profit, you are not alone. The company’s stock has been turning heads, with a last close of 1,860 yen and some eye-catching longer-term returns. In the last week, the stock edged down by 1.3%. If you zoom out, the 30-day, year-to-date, and especially the 1-year and 5-year numbers are hard to ignore. This is a business that has delivered 17.3% returns since January and an impressive 449.5% gain...