Should you sell the shares of L’Oréal, Porsche Automobile Holding SE, BYD Company, Siemens AG?



L Oréal stock (OTCMKTS: LRLCY) is trading at $ 92.6 (down 0.54%)

L’Oréal (OTCMKTS: LRLCY) the stock closed at $ 92.6 (down 0.54%) on June 18, 2021. The stock has gained 49.62% in one year.

L’Oréal’s voting shares amounted to 559.166 million as of May 31, 2021. The company owns 35 complementary and diverse brands in its portfolio. He has been in the beauty industry for over a century.

Women in France prefer bright colors in their post covid crisis makeup. L’Oréal hopes to regain sales to pre-covid levels.

Store closures have hit cosmetics groups hard. This has resulted in avoidance of makeup in the age of covid. Makeup sales in countries like Israel and China are picking up with the easing of restrictions on coronaviruses.

Porsche Automobile Holding SE (OTCMKTS: POAHY) stock is trading at $ 10.93

Porsche Automobile Holding SE (OTCMKTS: POAHY) the stock closed at $ 10.93 (down 2.93%) on June 18, 2021. Support for this stock is $ 10. If it breaks above the support level, the stock may experience a free fall to $ 8. Therefore, investors are advised to sell this stock at current levels.

KBA, a German automotive authority, has launched an investigation into Porsche’s incorrect fuel consumption data for its gasoline cars.

Porsche said it found no compliance issues in most vehicles according to the email notification. Less than 1% of its vehicles are affected by this data.

Shares of BYD Company (OTCMKTS: BYDDY) are trading at $ 55.90

BYD Company (OTCMKTS: BYDDY) the stock closed at $ 55.90 (up 2.90%) on June 18, 2021. The stock has gained 49.55% in just one month. If the stock holds above $ 50, it can aim for $ 69. However, investors are advised to increase their exposure to this stock to $ 36 for good gains.

Siemens AG stock (OTCMKTS: SIEGY) is trading at $ 79.41

Siemens AG (OTCMKTS: SIEGY) the stock closed at $ 79.41 (down 3.12%) on June 18, 2021. It is best to exit this stock at current levels and buy again at $ 65.


Previous Amazon Prime Day Echo deals: Newest Echo Dot speaker for $ 25, Echo Show 5 at $ 45 and more
Next The Waze app gets a lifesaving feature, literally

No Comment

Leave a reply

Your email address will not be published.