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
Thank you as always, you really add valuable input into my thoughts about specific companies. My buy in will probably be at 40€
Interesting! Very informative video 🎉🎉
I;ve seen that DCF before 😄
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..”.