What do you think of $P911.DEstock ?
I have a smaller position in my portfolio and am currently in a significant loss position, yet I plan to hold the stock. Shares of $P911.DE were briefly mentioned by Michal Semotan on Bulios Invest Night . According to him, Porsche's worst is behind it and the stock should recover over time. I completely agree with this opinion, which is why I will continue to hold$P911.DE.
I'd ditch the European car companies. I'd rather buy, say, $RACE or $TSLA stock.
Europe is really bad right now but $P911.DE is the best of all European car companies.
I agree with this view, they should be past the worst and the company could be profitable again within the next few years.
I keep my hands off Europe. Overall, I don't like the development of European automakers right now.
For the premium car companies, I think they'll do better than the mainstream ones. BMW shares have gone up 16% in the last month, which is nice, given the current situation for automakers. So my loss is shrinking :D. Mercedes now down 5% in a month. Could be different, but that's how I see it. If I didn't have BMW, I'd probably buy Porsche a bit and watch the future :).
So this is a lot of risky, but- MissionX+ groundbreaking battery technogy - it can definitely send it up. However, I have my doubts about management's ability not to screw this up commercially and ultimately technically. 🤷♂️ What they've been showing in recent years - not much. Not good enough. Well 2025 should decide it.