- I received a lot of dubious comments when I wrote about Orange S.A. and declared it a "BUY", as well as making it a significant portion of my communications portfolio.
- Many investors seemed surprised when the company showed exactly the sort of short-term volatility that I was warning about when I made that call in the article.
- This article serves both as a reminder for my stance, as well as the risk, and also for the upside inherent to the company, in my view.
- Orange continues to be significantly undervalued. I consider it a "BUY".
For further details see:
Orange S.A.: The Upside Is Mostly Unchanged