Renault Stock: Time To Buy More (OTCMKTS:RNSDF)


Source: seekingalpha.com seekingalpha.com

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Marina113 Here at the Lab, we very much like the automotive segment, especially when volumes are still down (from the pre-COVID-19 level), and fundamentals are here to stay. As our readers know, we upgraded Renault (OTCPK:RNSDF)(OTCPK:RNLSY) to a buy with a publication called 'Turnaround In Progress With Solid Fundamentals,' and in the last month, the company released its Q3 update, providing supportive news to the investor community as well as a Capital Market Day presented two days ago on Ampere strategic targets. This year, we moved Renault's rating from neutral to buy due to 1) Business Transformation At Full Speed,...