Hello all,

Today I came across a very interesting Italian stock rather by chance.

According to Prysmian, this is the world market leader in cables and line systems for energy and telecommunications.

Especially for the energy sector I see a lot of growth potential in the next year. This can already be seen in the last quarter. Here, sales have already increased by 30% compared to the same quarter of the previous year.

At the same time, the pipeline for major projects in the area of land and subsea connections is full to bursting (€24 billion), 3/4 of which are to be completed by 2026. The world market leader will certainly get a good piece of the pie here. As these major contracts still have to be awarded, I believe that the share price will rise substantially again next year.

What is your opinion?