Stellantis is at 3.3 price to earnings, Ford 5.2, GM 6.7. Do you think it's possible that the disparity in those multiples is a product of the fact that people don't know what this company is? I mean, is that a thing where corporations' brand isn't known enough to investors? And as a result, they just don't pay enough attention. They don't buy. It all comes down to this. You're in a bar. You see someone you're attracted to and she asks you what car you have. You can either have a Tesla Model 3, or you can have a Stellantis which is a slightly better car
This week on Prof G Markets, Scott breaks down why Home Depot’s disappointing earnings are indicative of healthy market trends. He also takes a look at promising earnings from Stellantis, the second largest EV seller in Europe behind Volkswagen and ahead of Tesla. Finally, Scott explains why companies and resources are nationalized, and discusses what it means that Mexico is nationalizing lithium.
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