Thoughts on VW

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Question asked 19/11/2021

Thoughts on VW

Hi James,

In your Friday morning report, "Is Tesla our favourite car maker?", I was surprised that Volkswagon (VAGWY:US) was not included, while not a personal fan and the stock has been under performer since their troubles a few years ago, they have one of the deepest investments in EV technology then looks like the shares might be about to have a run - any thoughts?

Answer

Hi Dave,

If we had added another company Volkswagen would undoubtedly have been my next choice but time caught up with me on a subject that could have covered 3 reports! The German giant has indeed made huge strides into the EV space and its now expected to outsell Tesla (TSLA) from 2023 onwards. The stocks traded in a tight band over the last 18-months which is why it didn’t get a spot in Fridays Report but we like the stock from a risk / reward perspective while it can hold above Eur260.

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Volkswagen AG (VOW GR)

LAST UPDATED 19/11/2021 16:58

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