Unpopular trades part XX
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P/E RATIO 2.5
52w - h 52.28€ - t 37.46€
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I bought a few Porsche shares today.
However, this is only a short-term trade. By and large it looks like a bottoming out and I should be near the low. (Of course I could be wrong, but the downside potential is no longer very great)
I will hold the shares for a few weeks, 8 months at most and expect a return of 30% in the worst case and just over 100% in the ideal case. I will most likely not take the dividend, as I will have already exited by then.
I'm now a Porsche shareholder, but I only drive a Toyota Yaris myself. 🤪