This week I am focusing on Europe and tipping a Dutch investment company which has already seen its stock rise 47% on a YTD basis. Shares have yet to reach their five year high, as they once traded at close to 50 euros during the pandemic.
But that level seems to be perfectly realistic for this major tech investor. Stock is now closing on EUR 40 in Amsterdam this week, following a big boost to the shares over September. The PE ratio is still under 17.
This company is actually one of the largest tech investors in the world and in my view a great way for investors to also get some indirect exposure to the global technology market. It has a - somewhat - diversified portfolio of investments in hot areas of the market like payments, fintech, gaming and food delivery.
The stock trades in Amsterdam, and is also listed in South Africa.
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