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Michelin: It's Almost Time To Go Long Again

Source: SeekingAlpha

2026-01-02 10:45:00 ET

Introduction

As it has been more than three years since I last looked at Michelin ( MGDDF ) ( MGDDY ), I wanted to have another look at this leader in the rubber tire sector. In those three years, the share price increased by approximately 50% before it gave up in excess of 20% since its peak although the company's financial results remain quite robust (but definitely weaker than a few years ago). And that's why I wanted to have another look at Michelin, to see if it would make sense to pick up stock again. ...

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Michelin: It's Almost Time To Go Long Again
Compagnie Generale des Etablissements Michelin ADR

NASDAQ: MGDDY

MGDDY Trading

-0.86% G/L:

$17.925 Last:

73,095 Volume:

$17.6899 Open:

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MGDDY Stock Data

$17,319,368,465
883,368,098
N/A
7
N/A
Vehicles
Consumer Discretionary
FR
Clermont-Ferrand

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