Stock of the Week: Volkswagen

Global car giant has invested heavily in electric vehicle production, but can it take a dominant position in this fast-growing market?

James Gard 19 November, 2021 | 10:33AM
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Stock of the week post-it

Our latest stock of the week poll gave our Twitter followers the choice of four undervalued companies from a wide range of industries. These 5-star stocks included voucher company Groupon, Canadian cannabis company Curaleaf and brewing conglomerate (and presenter’s nightmare) Anheuser-Busch Inbev. But German car giant Volkswagen (VOW3) emerged as the winner by a small margin.

Car makers are under pressure from all sides, not least from ESG investors, and rising raw material costs are also presenting serious challenges. But could VW emerge as one of the winners in the electric vehicle transition?

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Volkswagen AG Vorz-Inhaber-Akt ohne Stimmrecht166.56 EUR0.00Rating

About Author

James Gard  is content editor for Morningstar.co.uk