TSE:6503Electrical
Is Mitsubishi Electric Still Attractive After a 73% Surge and Rising Growth Expectations?
If you are wondering whether Mitsubishi Electric is still good value after such a strong run, you are not alone. This article is going to unpack what the current price might really be telling us.
The stock has climbed 6.9% over the last week, 7.6% over the past month, and an eye catching 72.7% year to date, building on gains of 78.3% over 1 year and 257.4% over 3 years.
Investors have been reacting to Mitsubishi Electric's ongoing strategic push into factory automation and energy efficient...