POAHF - Porsche: A Great Investment Alternative To Volkswagen At A Cheap Price

2024-03-19 06:10:38 ET

Summary

• Porsche reported negative results for 2023 but showed improvements in operating profit and margin.
• The company's investments in new models and BEV technology come at a price, impacting the bottom line.
• Despite risks related to the cyclical environment and ownership structure, Porsche's brand image and global presence offer upside potential.

Dear readers,

Porsche ( OTCPK:POAHY ) ( OTCPK:POAHF ) is not an investment I've covered for some time - since late 2022 to be exact, and the company hasn't exactly been a rosy play since that time. My main investment in the German automotive sector is my investment in Volkswagen (VWAGY) (VLKAF) (VWAPY). Now, investing in either VW or Porsche can be thought of as related, because of these companies' fairly advanced interconnectivity. I've covered these relationships extensively in my previous articles, the most recent for POAHY, can be found here ....

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