📈 Stellantis Stock Is A Strong Buy Based On Valuation And Dividend (NYSE:STLA) - Seeking Alpha

Stellantis (NYSE:STLA), a global automotive powerhouse formed through the merger of Fiat Chrysler Automobiles and Peugeot S.A., has positioned itself as a significant player in the rapidly evolving automotive industry. Since we last covered Stellantis, the stock has delivered a total return of around 35% and has been on a hot streak over the last 6 months in particular as auto sales take off. With markets near all-time highs despite high inflation and interest rates, investors must balance these complexities with undervalued and proven names. Stellantis' stock has garnered attention for its potential. In this analysis, we explore the reasons why Stellantis' stock is a strong buy at its current valuation.

seekingalpha.com     Jan 18, 2024