2024-03-14 11:31:26 ET
Summary
- Volkswagen's preferred shares are undervalued due to a high brand value and Volkswagen's share in Porsche.
- Volkswagen's diverse brand portfolio and fleet electrification help offset sales declines and compete with new competitors.
- Compared to its peers, Volkswagen's valuation is low and its preferred stock offers an attractive risk-return opportunity.
- A growing global economy, increasing car sales and higher revenues are good conditions for another year of satisfying financial performance in 2024.
- The preferred shares which are part of the German DAX are a strong buy and the management could unlock shareholder value by buybacks.
1. Investment thesis
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For further details see:
Volkswagen AG Preferred: The Variety Of Brands Is Not Appreciated By The market