TSE:1861Construction
Is Kumagai Gumi on Solid Ground After Its 49% Jump and Infrastructure Spending Boost?
If you have been watching Kumagai GumiLtd lately, you have probably noticed its impressive run in the market. Over the past year, the stock has surged by 49.2%. Looking at a three-year period, the gain more than doubles to a striking 114.6%. Even in the shorter term, the momentum has not let up, with a 2.3% climb this week and a robust 23.4% return year-to-date. These kinds of returns naturally spark questions: is all the easy money gone, or could there be even more upside?
Recently, investor...