3 reasons the Rolls-Royce share price could soar over the next decade
Image source: Rolls-Royce Holdings plc
The Rolls-Royce (LSE:RR) share price has been one of the FTSE 100’s biggest successes of the last 12 months. But I think it might not be done yet.
In a recent interview with Nicolai Tangen, CEO Tufan Erginbilgiç outlined three lines of opportunity for the company. And if earnings keep growing, I expect the stock to move higher.
Sustainable fuel
According to Erginbilgiç, the aviation industry is heading in the direction of sustainability. More specifically, the next 20 years is going to involve a shift to sustainable aviation fuel (SAF).
If this happens, Rolls-Royce is in a strong position. Unlike its competitors, all of the company’s engines are currently…