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Nexans is a French specialist in cable systems. I could already address the stock multiple times, especially in April and May, due to the strong fundamentals, broad analyst support, and the breakout to an all-time high. From the end of May into June, the stock became somewhat quieter – a typical consolidation after a strong run. I believe this period of calm could now come to an end. The fundamental and technical pieces are currently coming together to create an attractive overall picture. Fundamentally, a robust Q1 was reported on April 28,...
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