With a dividend cut likely happening soon and BASF closing a lot of facilities in Europe I think this company is a strong buy right now.
Their masssive capex will catapult them forward and why I think you might want to wait a bit before you buy the stock.

Stocks talked about:
$BASF- BASF

About my channel:
Hello everyone!
Welcome to Finance With Justus the YouTube channel the channel where we learn about investing and always try to improve!
I hope you join me on this adventure because the more we are the more we learn.
I wish you all the best.

4 Comments

  1. The invasion of Ukraine didn’t cause oil prizes to rise. It was the European sanctions and the destruction of Nordstream II that together lifted the oil prices. Those two things could have with or without the military action. So more accurate to say “when EU followed Washington sanctions then.. “ instead of “when russia invaded Ukraine then..”.

Leave A Reply