Take profits on Bic turbo calls: +29%

This Tuesday, as part of our section dedicated to derivatives, we take stock of code turbo calls 9VVGB backed by the Bic title. Recommended for purchase on August 3, they gained nearly 29%.

The manufacturer of pens, lighters and razors recorded an increase in turnover in the first half: +15.5% at constant exchange rates over one year to 1.13 billion euros. Growth forecasts for 2022 have also been raised.

While these trends could continue to carry the stock market, the market environment is uncertain at the moment and the stock has just benefited from the surge in the dollar against other currencies, which is favorable for the company. In good management, we therefore consider it preferable to take profits now.