Hochtief is Starting to Detach from the Market Weakness. How the Company Benefits from More Data Centers and Critical raw Materials!
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Hochtief is among the stocks near the 52-week high, and on a weak market day, the stock is attempting to break out of the consolidation phase. Two important growth drivers are data centers and critical raw materials. - Data Centers: The company has completed projects with a capacity of around 6 gigawatts. The demand is enormous. The global capital market for data centers alone could grow by nearly 20% annually by 2030. Major clients like Meta have already awarded Hochtief significant contracts. A highlight is the construction of a gigantic campus...
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