Is Volkswagen Stock a Buy?
Is Volkswagen a good stock to buy right now? Some good news from Volkswagen showing rising car sales, despite a pandemic, and nice profitability. As an added bonus, electric car sales are up, and the company gets it that electric vehicles are the future, sooner rather than later. The only ding from analysts was one analyst saying he was worried that the company was spending too much on R&D. This is small minded, short-term thinking. Block that dude, and move on. The real potential problem is the chip shortage that is affecting all card manufacturers will likely hit Volkswagen too. This means that the company won’t be able to make enough vehicles to continue increasing sales. This guidance to lower sales is the reason the stock is down. As long-term investors interested in a dividend, this is a short-term problem overly focused on by a stock analysis and stock new industry obsessed with short-term stock prices. That means its time for some tire kicking from actual investors. The upside to this that no one is talking about is that the vehicles they can sell will likely sell at higher prices due to decreased supply. That means higher profitability per unit. …