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MrStonkss
@MrStonkss
2Lun·

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Smudo@Smudeo
2Lun
The infrastructure group Hochtief has suffered from emerging concerns about potentially unprofitable investments in new AI data centers.
After the brilliant rally before (+34% two months), profit-taking is understandable.

Nevertheless, the segment remains a promising growth market for Hochtief, as evidenced by the investment in the construction of a data center campus for Facebook parent company Meta worth USD 10 billion announced at the beginning of December.

However, the 12-month forward P/E ratio of 15 is now slightly above the 10-year average.

@MrStonkss
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Chris@1Chrischi1
2Lun
sometimes high, sometimes low.
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MrStonkss@MrStonkss
2Lun
@1Chrischi1 🤣👍🏼
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