I have a feeling that somehow the bag of investors in $STLA-1.6% has been ripped open (probably due to very satisfactory results). Beware, it's not Tesla, but Stellantis - the world's fourth largest automaker in 2022.
And if you haven't heard of this holding company, here are some brands you'll be familiar with.
Valuation-wise, unlike, say, the aforementioned Tesla, this looks absolutely great.
They also have a huge amount of cashe. Almost equal market capitalization. I'm not entirely a fan of their brand portfolio, but it looks enticing.
Stellantis N.V.
STLACapital Structure
Market Cap
58.0B
Enterpr. Val.
39.3B
Valuation
P/E
3.1
P/S
0.3
What do you think?
So I looked at the stock in more detail and I quite like it, I'm putting it on my radar and I'll consider buying it when there's a discount :3
It looks really interesting. I'm not familiar with this company, but the large amount of cash and high dividend is tempting😁.
I will definitely look into this company.
That's news to me, but the dividend looks very tempting, I'll check them out.
TemptingIt looks tempting at first glance :)
Dividend 8.5 ? Add to that... Well, I guess I'll put it in TW and check it out... the car stock I don't have much in the way of cars, more like a token amount in Tesla 😁
I don't know them very well, but I know they side with critics of Tesla's price cuts, as they say it has serious implications for all competitors.