UnknownUnicorn4000729

RNO on discount ? The EU economy got a support of 750 B

Long
EURONEXT:RNO   RENAULT
Hi

During the fact that RNO reduced some job places in the company and the NEW CARS drops to 52.3% the company stock is on discount right now in my opinion .
Could be a very good time to invest .
RNO is STRONG CAR MAKER in the Industry .

Comments

please need detailed info , of course strong car maker, and french goverment totally supporting own shares company. Rno needs a spark for trend to go up , that spark should bring sector new creative solutions. Waiting for this
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@hbarisyilmaz,
Shares Holders Vanguard , iShares, Fidelity .
Morningstar rating 5 stars . Is high .
RNO is part of CAC40 .
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@hbarisyilmaz,
Most of help package of 5Bilion EUR from France to sustain auto industry will go to RNO as French President Mr.Emmanuel Macron said on 26 May 2020. Buying a car that is fuel efficient or hybrid in France the government will give 5000 EUR and for an electric (car which RNO is producing ) will have a help of 7000 EUR .
News are provided by Dow Jones .
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