The Panic-Proof Portfolio (Stockchase Research) Stellantis N.V. STLA-N TOP PICK Oct 26, 2023

This manufacturer of Alfa Romeo, Fiat, Chrysler and others has just announced plans to enter in EV battery manufacturing.  The company is using this as a cost saving opportunity -- looking to release 3500 workers of its 56,000 US workforce.  It trades at 3x earnings, under book value, and supports a 26% ROE.  The company announced a $1.1664 annual dividend for 2023.  We recommend a stop loss at $13.25, looking to achieve $21.00 -- upside potential of 27%.  Yield 7.8%   

Our PAST TOP PICK with STLA is progressing well.  To remain disciplined, we now recommend to trail up the stop (from $13.25) to $15.25.  

Our PAST TOP PICK with STLA is progressing well.  We now recommend trailing up the stop (from $15.25) to $16.50.

Our PAST TOP PICK with STLA has achieved its target at $23.00.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $17.50) to $19.00. 

Our PAST TOP PICK with STLA is progressing well.  To be disciplined, we recommend trailing up the stop to $22 at this time.

Our PAST TOP PICK with STLA is progressing well.  To remain disciplined, we recommend trailing up the stop (from $22) to $25 at this time.  

Our PAST TOP PICK with STLS has triggered its stop at $25.  To remain disciplined we recommend covering the position at this time.  Along with previous recommendations, this will result in a net investment gain of 43%.