After breaking out to a 52-week high, further price increases could follow!
A revival in demand for the European construction industry could bring more major contracts in the coming year!
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Porr AG (i.) may be interesting due to its strong positioning in European infrastructure construction and the potential indirect benefits from the reconstruction of Ukraine. The company specializes in complex construction projects in civil engineering (e.g., tunnel construction, road construction, railway construction), making it a major beneficiary of the expected massive public investments in European infrastructure. The hope for a closer end to the Ukraine war has driven the stock in recent weeks, leading it towards the 52-week high. I believe...
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