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Mvst stock forecast remains supported by solid
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MVST stock forecast remains supported by solid fundamentals, with EPS narrowing losses to -$0.04 in the last quarter. Many portfolio managers see the turnaround potential as tied to supply chain stabilization, a key driver for manufacturing growth in 2024’s competitive EV market landscape. Air Products and Chemicals: The Zacks Rank #2 company makes industrial gases as well as a variety of polymer and performance chemicals. The company is a key player in the telecommunications infrastructure that large language models (LLMs) require to operate at scale. That makes it a foundational part of an AI stack. Ribbon derives a significant percentage of its growth from government contracts, which use the company’s products to ensure secure, resilient and scalable networks. MVST stock forecast trackers note that the MACD indicator turned positive in early June, historically a sign of strengthening bullish momentum. Watch for volume confirmation before committing to fresh entries.