Breakout Alert Jost Werke: What is behind the rise to a new multi-year high?

Among the stocks at the 52-week high, Jost Werke stands out. After experiencing only volatile sideways movement since mid-2021, a breakout is now occurring in the big picture. Jost Werke has established itself as an indispensable partner in the global transport industry. With a portfolio ranging from safety-critical coupling devices to support legs and complex trailer axles, the company occupies lucrative niches. The market share is estimated to be over 50 percent. By acquiring Hyva, they opened access to the infrastructure and mining sectors. This...