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🚗 Chinese company BYD strengthens its position in Thailand!
BYD $BY6.F-0.4% is a Chinese company that has become a world leader in innovation and technology. The company specializes in electric vehicles, batteries and renewable energy solutions. With its pioneering approach and continuous technology development, BYD has become one of the largest electric vehicle manufacturers...
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I avoid China. I'd love to buy $BABA-0.2%, for example, but despite the fact that I think it's a good company (it was better before the sanctions and oversight by the government there) it's the government that's putting me off.
Yesterday the US stock market rallied nicely and a lot of stocks hit their all-time highs. For example ,$GOOG+0.9%, $AAPL-0.3%, $MSFT-0.8%, $NFLX-0.5% and $META+0.4% allhit their ATHs . I'm not currently buying much over the summer and rather holding, but I'm still riding DCA on $CSPX.L+0.4%.
How do you currently approach stocks? Are you buying, holding or selling?
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For now, it's more of a hold or sell. There will be buying, but when there is a lot more red on the chart.
📈💡 3 Interesting companies on long hold!
If you plan to hold stocks for decades to come, I have 3 interesting stocks for you to put on your list. Coca-Cola $KO+1.4%, Chipotle Mexican Grill $CMG-1.3% and Hormel Foods $HRL-1.1%. Here's a brief overview of each stock.
Coca-Cola: A huge player with an unshakable position 🥤
With a market capitalization of approximately $270 billion, it...
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I don't have these 2, but with interest rates dropping, the tide could turn. It's the main thing it's based on now. We'll see, we'll have to wait a while for that.
On Holding: a challenge for the Giants in Activewear
On Holding AG $ONON+0.4%a Swiss manufacturer of athletic footwear and apparel, is emerging as a strong competitor to established giants such as Nike and Lululemon Athletica. On Holding, best known for its innovative CloudTec sneakers, offers products aimed at top athletes, allowing it to appeal to a wide range of customers.
Inn...
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Quite young and interesting company. For how long the company has been on the market, it has pretty good numbers. It's got low debt, I like that.
But this one got away, it was here a while ago and another quarter is already over :) Definitely the end of the week - banks.