NTOIF - Neste Has Fallen On Hard Times; Needs To Get Off The Fence On Oil
2024-05-30 15:35:23 ET
Summary
- Financial results have disappointed yet another time.
- Seeing the progress thus far, greening ambitions are hard to swallow.
- The stock looks affordable at 11 times trailing earnings.
In over three years since my first article on Neste Oyj ( NTOIF ), ( NTOIY ) at the start of 2021, the stock fell more than 60%. My major reservation at the time was the price. That is no longer an issue....
Neste Has Fallen On Hard Times; Needs To Get Off The Fence On Oil