Summary
This prediction ended on 11.08.22 with a price of €1.62. The prediction had a final performance of 15.71%. Alextrade has 100% into this predictionNel ASA is a Norwegian-based company that specializes in hydrogen production, electrolysis, and fuel cell technologies, making it one of the leading innovators in the clean energy market. Founded in 1927, the company has a strong history of developing solutions for the production, storage, and distribution of hydrogen from various renewable sources, aiming to provide green hydrogen solutions to numerous industries including transportation, power generation, and maritime. Listed on the Oslo Stock Exchange under the ticker symbol NEL, Nel ASA plays a significant role in advancing the global shift towards sustainable energy, driven by the increasing awareness of climate change and the need for reduced reliance on fossil fuels.
Performance without dividends (%)
| Name | 1w | 1m | 1y |
|---|---|---|---|
| Nel ASA | 5.580% | 5.580% | -58.635% |
| iShares Core DAX® | 0.786% | 1.251% | 11.561% |
| iShares Nasdaq 100 | 1.855% | -2.687% | 25.316% |
| iShares Nikkei 225® | 3.947% | 2.199% | 11.527% |
| iShares S&P 500 | 1.787% | 0.151% | 23.699% |
According to Alextrade what are the pros and cons of Nel ASA for the foreseeable future?
Pros
Could be very worthwhile Investment >20% year
Undervalued
Capable Management
Leading role in innovation
Some uniques
Top 10 in its market
Very Future proof/growth oriented business model
Cons
Higher risks for its business