Is There Now an Opportunity in Volkswagen After Recent 11% Share Price Rally?
Thinking about what to do with Volkswagen stock? You are not alone. Whether you saw its iconic logo pass you on the Autobahn or just checked the latest ticker, Volkswagen is back in focus for investors, and for several good reasons. The stock has gained 11.4% over the past month, and 15.8% year-to-date. These numbers are tough to ignore in a crowded automobile market. The one-year return sits at 11.8%, suggesting a pattern of steady, if sometimes bumpy, progress. After a slow patch earlier this year, positive earnings surprises and optimism about the company’s electric vehicle push seem to be reshaping sentiment in Volkswagen’s favor.
However, momentum alone does not provide a complete picture of whether Volkswagen is a buy, hold,…
