We are starting this new week with advice via a derivative product on Forvia, formerly Faurecia. The French automotive supplier, having changed its name at the last meeting, has great potential for 2023. After a very difficult year 2022, heavily penalized by component shortages, growth is returning for the group, in the wake of more favorable dynamics in the automotive sector. Since the start of the year, the stock has climbed around 50% while still remaining very far from its 2017 highs of 66 euros.
We recommend a leveraged strategy via the infinite turbo calls code OZ5JB. They have an elasticity of 4 times for a knock-out barrier of 16.85 euros, 21% away from the current share price.
Quotation range: 0.54 – 0.55 euros
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