Among the 3 stocks with the largest capitalization of Piazza Affari, which one should you prefer in the long term?
At the close of 8 October, the ranking of the highest capitalization shares of Piazza Affari see ENEL in first place followed by Stellantis, while the lowest step of the podium is occupied by Intesa Sanpaolo.
In this report, we compare the potential of the three stocks over the long term. A very useful exercise especially from the perspective of those interested in a long-term investment by focusing on a share with solid guarantees.
Among the 3 stocks with the largest capitalization of Piazza Affari, which one should you prefer in the long term? The indications of the graphical analysis for the long term
Already in a report about a month ago (Huge profits could be reachable for those who will buy ENEL shares in the coming months) we highlight the potential of the stock and the interesting purchase opportunity created if following the decline that characterized the month of September .
Let us now analyze the possible future developments. It should be noted that only for ENEL (MIL: ENE) we used the monthly time frame as the quarterly one does not allow us to process a reliable projection according to our models.
We remind you that the ENEL stock represents an excellent long-term investment. According to the calculations of our Research Department, in fact, the probability that a 10-year investment has a positive return is 90% with an average annual return of 7%.
As can be seen from the chart, the current trend on the monthly time is bearish, but the October close could give some good indications to the bulls. The holding of the support in the 6.68 euro area, in fact, could favor the restart towards very interesting levels. The confirmation of this scenario that sees the prices reach the 18 euro area would occur with a monthly closing of more than 8.01 euro. Otherwise the descent could continue towards the objectives indicated in the figure.
Investing in Stellantis (MIL: STLA) (formerly of Fiat and formerly of FCA) has always been riskier than other stocks on the main market. Proof of this is achieved by calculating the probability that a 10-year investment will have a positive return. In this case the probability is 56%, but the return is 32% average per year. Therefore, the principle according to which a greater risk is associated with a greater gain is confirmed. Which strategy to choose depends on the risk appetite of the individual investor.
The projection in progress on the quarterly time frame is bullish and points to the next target in the area of € 22.32 (II price target). The maximum extension of the current rise passes through the 31.61 euro area for a potential almost doubling of the current prices.
Only a quarterly close of less than 12.98 euros would undermine the bullish scenario.
For a medium-term analysis on the stock, please refer to the report This explains why every decline is a purchase opportunity for Stellantis shares.
The current trend is bullish, but the prices are at levels (2,565 euro area) that have already blocked the rise in prices in recent years. A quarterly closing higher than this level would open the doors to the achievement of 3.14 euros, first, and 4.065 euros, then.
Failure to break this level, however, could cause an abrupt retracement of Intesa Sanpaolo (MIL: ISP) prices.
At present, the stocks most at risk of descent are ENEL (downward trend in progress) and Intesa Sanpaolo (historical resistance at the gates). If, however, the obstacles along the bullish path were overcome then the doors would open for very interesting gains.
For Stellantis, however, there are no obstacles on the horizon, even if historically the title is quite risky.
(We remind you to carefully read the warnings regarding this article, which can be consulted WHO”)