The 7 investment gems not to be missed
The Stock Exchange is living a volatile period with its sights set on economic uncertainty with the rise in interest rates, the increase in inflation and the price of oil. However, the Ibex has risen by 14% this year and is the most profitable index in Europe.
HOROS Value Iberia has identified seven Spanish companies as top picks for medium-term stock market gains. These companies, recommended by the investment firm, operate in various sectors such as financial advisory, tourism, renewable energy, and food distribution. Alantra, a financial advisory and asset management company, is one of the top picks, having reported a 23% increase in profits to €7.4 million in the first half of the year.
Meliá Hotels, a major hotel chain, is another top pick, with a stable capital structure and a presence in around 40 countries. Acciona Energía, a renewable energy company, is also recommended, despite its stock price having fallen over 50% since 2022, due to its growth potential in the sector. DIA, a food distribution company, rounds out the list, having reported a 9.2% increase in revenues and EBITDA in the first half of the year.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
