Volkswagen remains one of the best long-term investments in the electric vehicle space. Investors should understand the benefits of this German auto manufacturer compared to the EV giants like Tesla. According to company executives, Volkswagen (VW) is poised to surpass Tesla as the world's largest manufacturer of electric vehicles as soon as 2023. But too many investors miss this fact while being swept up in Elon Musk mania.
| | | | | | Another Important Update on Volkswagen | | | Dear Reader,
According to company executives, Volkswagen (VW) is poised to surpass Tesla as the world's largest manufacturer of electric vehicles as soon as 2023. But too many investors miss this fact while being swept up in Elon Musk mania. Today, I want to talk about the latest update on VW and why it looks poised for a better future. Investors looking for an excellent long-term way to play the changing shift in auto demand should look to VW as a potential play. But, first, let's dig into the numbers. Forecast Improvements According to the latest numbers. VW aims to post 8% to 9% of sales as profit before interest and taxes by 2025. The company had previously calculated 7% to 8%. So that's a nice bump. Further, the car manufacturer wants to convert half of its entire model range to battery-powered cars by 2030. Particular focus centers on the SSP mechatronics platform, which will deploy in 2026. This platform promises high cost-cutting potential. | | | | | | | The End of Cable?
Lou Basenese believes that due to a recent breakthrough, Verizon and Comcast could finally see the end of their $27 billion chokehold on the American cable and Internet market.
Now, he says, you have the opportunity to learn how to claim a stake in this breakthrough... for just a few dollars.
Go right here to learn more>> | | | | | This is good news. There's no question about its potential. Let's also consider VW's Argo AI stake is likely aiming for an IPO should be a positive catalyst for the stock. Robot car startup Argo AI has been backed by Ford to the tune of $1 billion and Volkswagen to about $2.6 billion. Argo AI is close to a commercial launch of its self-driving system. Ford wants to put autonomous delivery vehicles and people carriers on the roads as early as next year, while VW targets 2025. According to circles, an IPO is looking at a valuation of more than $7 billion. The Latest Price Targets on Volkswagen Following the news, Bank of America (BoA) increased its price target to 290 euros. As a result, U.S. investors should look to trade this stock "Over the Counter" (OTC) (the ticker is VWAGY). The OTC stock is trading under $33, a steep discount to the $48 that it hit back in March. What can drive the stock higher? The EU's planned reduction in carbon dioxide emissions is already being exceeded in the manufacturers' plans, analyst Horst Schneider wrote in an industry report available Friday. And yet, the VW stock is not getting off the ground at the moment. The overall market is weakening, and the issue of chip shortages is once again coming into focus. According to experts, the chip shortage is likely to drag on well into the rest of the year. VW's strategy is right. The focus on software and digitization points the way forward. This will open up new sources of revenue for VW. It's safe to say that I like this stock very much. Enjoy your weekend, | | | | | Dr. Gregor Bauer Chief Analyst, European Markets | | | | | | |
Tidak ada komentar:
Posting Komentar