Further showdown for the Ftse Mib Future which closed the trading week in the 25,805 area. By now, the next goal to be achieved within a few days is between 26,250 and 26,500. Then it will probably aim for 28,100 / 29,500 by the first ten days of August. Which level, on the other hand, must not be broken down to confirm this view of ours? 25.100 in daily and then weekly closing but then we will proceed step by step.
This is what we expect in the short term, but we believe that the Ftse Mib Future will continue to show greater relative strength than the others and is destined within a couple of years at most to return above (and not just exceed) the maximums reached in the year 2000. How to seize the opportunities that will arise?
There are many companies that show interesting multiples and excellent graphics and among these we have chosen 3 undervalued stocks to keep an eye on in Piazza Affari in the week of June 14th.
Recommended trades and investment strategy
We chose Anima Holding, Cairo Communication and Stellantis (MIL: STLA).
Anima Holding, last price to 4.533. Since the beginning of the year, it has marked the low at 3.604 and the high at 4.79. Fair value estimated at 6 euros per share. As long as it holds up 4.25 at the daily close, the 1/3 month target is set in the 4.75 area and then 5.10. For next week, the non-breaking support to the downside is at 4.38.
Cairo Communication, last price at 1.97. Since the beginning of the year, it has marked the low at 1.102 and the high at 2.031. Fair value estimated at € 2.80 per share. As long as it holds 1.77 upwards at the daily close, the 1/3 month target is set in the 2.15 area and then 2.29. For next week, the non-breaking support to the downside is at 1.902.
Stellantis, last price at 17.15. Since the beginning of the year, it has marked the low at 10.516 and the high at 17.558. Fair value estimated at € 28 per share. As long as it holds up to 16.02 at the daily close, the 1/3 month target is set in the 18.15 area and then 20.29. For next week, the non-breaking support to the downside is at 16.65.
These are the 3 undervalued stocks to watch on Piazza Affari in the week of June 14th.
–
(We remind you to carefully read the warnings regarding this article, which can be consulted who”)
