Norma Group: A fundamentally strong bet on a comeback of the automotive industry with data center fantasy!
Auto stocks are making a comeback. I currently like the fundamentally strong supplier Norma Group very much.
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By all means, the EU and the USA are trying to strengthen their automotive industry. In the USA, emission regulations are to be relaxed, while in the EU, the end of combustion engines is to be softened. Domestic providers have been quickly overwhelmed by Asian electric car manufacturers. When I look at the stocks at their 52-week highs, BMW, Mercedes-Benz, and Continental stand out as three of the largest companies. The conclusion is clear: the stock market is temporarily reducing its pessimism. The industry was already on the floor. To bet on...
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