AI Boom Transforms Nearly 150-Year Old Japanese Firm Into The Country's Hottest Stock

11/27/2024 11:06:06 PM

(MENAFN- Investor Brand Network) The current boom in AI has turned a previously little-known Japanese company into a star on the stock market. Fujikura, which has been in existence for the past 139 years,
has shot to fame
because of its longstanding excellence in making cables for data centers.

Since the beginning of this year, the shares of this company have seen a whopping 400% rise in value. Consequently, Fujikura is top of the best performing Stocks on the Stock Average index of the NIKKEI 225. Because of this Stellar performance, the company made its debut on the MSCI's...

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