In view of the market trend, there are some stocks that are very interesting for risk-averse investors; among these, I have selected three in the financial and services sector and two in the automotive sector.
Interesting stocks in the automotive sector
Among the stocks in the automotive equity sector, a special note should be made of Stellantis.
The Italo-French-US giant in fact brings home a session with a decline to 16.602 with a -1.11%. The stock falls compared to the FTSE MIB index which is worse than the reference market; new bottom at 15.01.
The giant that comes to life from the union of the Peugeot group and Fca in its first year of life has worked on a corporate reorganization aimed at efficiency and the implementation of synergies that will bear fruit in the future but always has a critical eye towards the green revolution. The group’s CEO, Tavares, is in fact very critical towards electric cars because of the supply of raw materials once typical of the Tech sector in a very bad year for car sales. According to the CEO, the race to the electric car cannot be supported entirely by the manufacturers but must be covered for 50% by the states that should deal with the expansion of charging stations and research especially now that Europe has banned the production of fossil fuel engines that will end by 2035.
Ferrari is doing well, the stock has been on the rise over the last 12 months and closed yesterday at Piazza Affari with a healthy +1.29% at 200.5. The one-week trend versus the benchmark index could suggest some desire to sell to investors.
Ferrari presents a low level of volatility. Despite the fact that the prancing horse is back from sporting results in recent years, very far from the splendor of the past, sales are good thanks to the excellent health of the luxury world.
Stocks to watch in the financial sector
As far as the financial and services sector is concerned, we cannot fail to mention Poste, the largest Italian services player that comes from a year of slight growth (+3%) and that yesterday closed with a substantial breakeven +0.030 at 11.055.
The close is in line with the previous session and then strengthened as the day progressed. The stock is a buy.
As for Unicredit, recently Morningstar has expressed itself on the stock defining it as one of the most interesting banks in view of recovery. The bank has 26 million customers divided between Italy and the 14 European countries where it is present and boasts a complete and varied commercial offer. The stock has been rising steadily for a year now and yesterday closed with an excellent +2.55% at 13.176.
Slightly up also Generali +0.53% at 17.895, stable compared to the previous close. Comparing the stock to the two-week FTSE MIB, it shows a higher relative strength compared to the index, making it attractive for investors.
During the bearish phase with support at 17.12, it is a stock with low volatility (0.9%) that makes it interesting in the short term.