Vestas Stock: Time To Invest?


Source: seekingalpha.com seekingalpha.com

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Sergii Zhmurchak/iStock Editorial via Getty Images It has been a difficult time for industries that have substantial capital needs to grow. Concerning the energy transition as the world embarks on exit from fossil fuels, the emerging areas of SMR (Small Modular Reactors) nuclear power and offshore wind have struggled with rising interest costs and supply chain disruption. It has been a tough time since COVID and some have concluded that this will continue. I last wrote about Vestas Wind Systems A/S (OTCPK:VWDRY) (OTCPK:VWSYF) at the end of August 2023 and considered in some detail the issues confronting Vestas. They still...