Summary
This prediction ended on 19.09.21 with a price of €1.27. The BUY prediction by cox56 for Nel ASA performed very badly with a performance of -62.07%. cox56 has 50% into this predictionNel ASA is a Norwegian-based company that specializes in hydrogen production, electrolysis, and fuel cell technologies, making it one of the leading innovators in the clean energy market. Founded in 1927, the company has a strong history of developing solutions for the production, storage, and distribution of hydrogen from various renewable sources, aiming to provide green hydrogen solutions to numerous industries including transportation, power generation, and maritime. Listed on the Oslo Stock Exchange under the ticker symbol NEL, Nel ASA plays a significant role in advancing the global shift towards sustainable energy, driven by the increasing awareness of climate change and the need for reduced reliance on fossil fuels.
Performance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| Nel ASA | -3.731% | -3.731% | -64.770% | -84.576% |
| iShares Core DAX® | 1.804% | -0.748% | 13.168% | 16.408% |
| iShares Nasdaq 100 | -0.182% | -3.412% | 39.976% | 43.502% |
| iShares Nikkei 225® | 0.413% | -7.381% | 18.776% | 2.874% |
| iShares S&P 500 | 0.664% | -1.941% | 28.141% | 42.155% |
According to cox56 what are the pros and cons of Nel ASA for the foreseeable future?
Pros
Could be very worthwhile Investment >20% year
Revenue growth >5% per year expected
EBIT growth >5% per year expected
Higher EBIT margin than peer group
Good culture
Leading role in innovation
Capable Management
Some uniques
Growths much faster than the competition
Sustainability is very important
Stable Large shareholder and/or long term investor
Top 10 in its market
Small cyclical dependencies
Known brand
Very Future proof/growth oriented business model
Cons
High valuation