5 Best European Companies To Invest In

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In this article, we discuss the 5 best European companies to invest in. If you want our detailed analysis of these stocks, go directly to the 10 Best European Companies To Invest In

5. Volkswagen AG (OTC:VWAGY)

Number of Hedge Fund Holders: N/A

Stock performance YTD through November 27: -24%

Volkswagen AG (OTC:VWAGY) is a luxury German automaker, known for Beetle, which is its flagship vehicle. China is the largest market for Volkswagen AG (OTC:VWAGY), and the company specializes in hatchbacks, SUVs, pure ethanol vehicles, flexible-fuel vehicles, hybrid, and plug-in electric vehicles. With a market capitalization of $150.84 billion, Volkswagen AG (OTC:VWAGY) is one of the best European companies to invest in.

Publishing its Q3 earnings on October 28, Volkswagen AG (OTC:VWAGY) reported a GAAP EPS totaling $0.64, missing estimates by $0.22. The $66.52 billion revenue outperformed estimates by $2.34 billion. 

Deutsche Bank analyst Tim Rokossa on December 9 lowered the price target on Volkswagen AG (OTC:VWAGY) to €210 from €270 but kept a Buy rating on the shares.

On December 8, FREYR Battery (NYSE:FREY) announced plans between Freyr’s partner, 24M Technologies and Volkswagen AG (OTC:VWAGY) to manufacture next-generation lithium-ion EV batteries using 24M’s SemiSolid platform. The partnership is working on the development of SemiSolid battery cells for use in Volkswagen AG (OTC:VWAGY)’s electric vehicles.

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