Would you buy Italian stocks? | Forex Factory

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Would you buy Italian stocks?

  • Poll

  • Would you buy Italian Stocks
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  • #1
  • First Post: Aug 18, 2012 5:13pm Aug 18, 2012 5:13pm
Im seriously thinking of buying Italian stocks. They are cheap right now because of the debt crisis, but they still worth being hold. On the long term, they will go up and will provide pretty decent dividend.

Italy is very unlikely to leave the Euro zone. Its a big Euro member and unlike Greece or Spain, they are more stable now, except sometime for their bond market. Once the crisis in Europe is over, their stock, who went down, will go up. If the dept crisis keep on, Germany will have to accept request from the other country and go for a bond Union. IF thing go bad, the ECB might as well print more money, by doing so, they will depreciate the Euro, and make the region competitive again, which in the long term would push The stock market higher.

What do you guys think, would you buy italian stock which are undervalue now.
Alternatives are more important than the plan itself
  • #2
  • Aug 19, 2012 1:42pm Aug 19, 2012 1:42pm
Please update us on your endeavors and good luck!
XT
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #3
  • Aug 19, 2012 7:37pm Aug 19, 2012 7:37pm
good idea
No place for mistakes
  • #4
  • Aug 19, 2012 9:30pm Aug 19, 2012 9:30pm
BTW vote = maybe
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News
  • #5
  • Aug 19, 2012 10:54pm Aug 19, 2012 10:54pm
Quoting XTrade
BTW vote = maybe
maybe waiting a little would be a good idea, stock could go lower, which mean you could buy it cheaper, or they can go higher, which will mean that the Italian is on the right way to recovery
Alternatives are more important than the plan itself
  • #6
  • Aug 21, 2012 2:11pm Aug 21, 2012 2:11pm
Quoting -Melo-
maybe waiting a little would be a good idea, stock could go lower, which mean you could buy it cheaper, or they can go higher, which will mean that the Italian is on the right way to recovery
i am italian , i can say to you : buy them

especially banks...they are very solid , the problem is that with all the Bot they have they are seen as unsafe .

but italy is the country of savings....and banks work in the traditional way , lending and gain interest .
  • #7
  • Aug 21, 2012 10:59pm Aug 21, 2012 10:59pm
Quoting tarrini65
i am italian , i can say to you : buy them

especially banks...they are very solid , the problem is that with all the Bot they have they are seen as unsafe .

but italy is the country of savings....and banks work in the traditional way , lending and gain interest .
what about insurance companies... and also grocery companies in Italy. Do you have good names for us, since you live there
Alternatives are more important than the plan itself
  • #8
  • Aug 22, 2012 9:53am Aug 22, 2012 9:53am
  •  Ubik
  • | Joined Aug 2012 | Status: Billionaire wannabe | 2 Posts
I'm Italian too, you should look also for some discounted Luxury and Fashion stocks. Our domestic demand has decreased a lot but they keep on reporting increases in export to BRICS countries and actually they were maybe the two groups less hit by the crisis.
  • #9
  • Aug 22, 2012 1:29pm Aug 22, 2012 1:29pm
If you can pair up Italian socks with Italian shoes, it's an experience to die for.
  • #10
  • Aug 23, 2012 10:38am Aug 23, 2012 10:38am
Yes, I actually think that is a good idea... maybe I should consider it too
  • #11
  • Aug 27, 2012 3:56pm Aug 27, 2012 3:56pm
Quoting -Melo-
Im seriously thinking of buying Italian stocks. They are cheap right now because of the debt crisis, but they still worth being hold. On the long term, they will go up and will provide pretty decent dividend.

Italy is very unlikely to leave the Euro zone. Its a big Euro member and unlike Greece or Spain, they are more stable now, except sometime for their bond market. Once the crisis in Europe is over, their stock, who went down, will go up. If the dept crisis keep on, Germany will have to accept request from the other country and go for a bond...
Actually a great idea, but how to buy italian stocks? Do you buy them through Interactive Brokers or which Broker do you use?
Forex is a losers game.
  • #12
  • Aug 27, 2012 9:45pm Aug 27, 2012 9:45pm
Quoting trader121
Actually a great idea, but how to buy italian stocks? Do you buy them through Interactive Brokers or which Broker do you use?
you can buy them through your bank. in canada, TD bank and RBC bank give us the possibility to do so
Alternatives are more important than the plan itself
  • #13
  • Aug 27, 2012 9:46pm Aug 27, 2012 9:46pm
Quoting -Melo-
you can buy them through your bank. in canada, TD bank and RBC bank give us the possibility to do so
By the way, When I say buy stocks, I mean buy to hold them for 3 to 20 years, not for a Day
Alternatives are more important than the plan itself
  • #14
  • Edited 10:32pm Aug 27, 2012 9:57pm | Edited 10:32pm
3 possible stocks I could buy :

http://www.google.com/finance?cid=686792

http://www.google.com/finance?cid=685068

http://www.google.com/finance?cid=667894
Alternatives are more important than the plan itself
  • #15
  • Aug 27, 2012 11:33pm Aug 27, 2012 11:33pm
Italian stocks that primarily do business in more stable/growing countries are my top choice. A decent amount of Spanish and Italian companies have had their share prices hammered when their fundamental business has remained relatively untouched. Great buying opportunities in a few areas (provided NO ONE leaves the EU, the consequences for the Euro would be devastating to investor confidence)
  • #16
  • Aug 28, 2012 2:19am Aug 28, 2012 2:19am
Quoting Rknigh2
Italian stocks that primarily do business in more stable/growing countries are my top choice. A decent amount of Spanish and Italian companies have had their share prices hammered when their fundamental business has remained relatively untouched. Great buying opportunities in a few areas (provided NO ONE leaves the EU, the consequences for the Euro would be devastating to investor confidence)
I totally agree with your thesis. If I may add, other businesses that got their share prices crushed will return back to normal eventually when things get better. When will things get better? No one knows, especially in an unstable environment. Lets not forget the fact that the market works as a discounting mechanism that tends to over shoot sometimes, some things may not be as bad as feared. The market almost always prices in the worst case scenario which doesn't always occur.

My advice to anyone investing in the Europe would be to be smart, pick companies with sound fundamentals, time an entry right after the stock bottoms out through technical analysis, draw a line in the sand and set a clear reasonable stop loss given the volatility in the environment and finally to be patient.
  • #17
  • Aug 28, 2012 11:16am Aug 28, 2012 11:16am
Quoting Rknigh2
Italian stocks that primarily do business in more stable/growing countries are my top choice. A decent amount of Spanish and Italian companies have had their share prices hammered when their fundamental business has remained relatively untouched. Great buying opportunities in a few areas (provided NO ONE leaves the EU, the consequences for the Euro would be devastating to investor confidence)
which one, could you share them with us
Alternatives are more important than the plan itself
  • #18
  • Last Post: Sep 3, 2012 11:22pm Sep 3, 2012 11:22pm
In particular... food exporters and telecom. Specifically TEF at the moment. Added in between 10.5-11.25. I would be comfortable adding more at this 12.50 price too if I needed to.

The dividend makes me a little nervous (if a cut happened it would crush this fragile stock), but they're in very good shape and big in Latin America.
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