L Oreal (OTCMKTS: LRLCY) stock trades at $92.6 (down 0.54%)
L Oreal (OTCMKTS: LRLCY) stock closed at $92.6 (down 0.54%) on June 18, 2021. The stock gained 49.62% in one year.
L Oreal’s voting shares are 559.166 million at the end of May 31, 2021. The company holds 35 complementary and diverse brands in its portfolio. It is in the beauty industry for more than a century.
Females in France prefer bright colors in their make-up post covid crisis. L Oreal expects to win back sales to the pre-covid levels.
Shop closures badly hit cosmetic groups. It resulted in shunning make-up in the covid era. Make-up sales in nations like Israel and China are picking up with the easing of coronavirus restrictions.
Porsche Automobile Holding SE (OTCMKTS: POAHY) stock trades at $10.93
Porsche Automobile Holding SE (OTCMKTS: POAHY) stock closed at $10.93 (down 2.93%) on June 18, 2021. Support for this stock is $10. If it breaks the support level, the stock can experience a free fall to $8. Therefore, investors are advised to sell this stock at current levels.
KBA, a German car authority, commenced a probe into Porsche’s incorrect fuel consumption data for its gasoline-powered cars.
Porsche said it did not find any conformity issues in most vehicles according to notification through email. Less than 1% of its vehicles are affected by this data.
BYD Company (OTCMKTS: BYDDY) stock trades at $55.90
BYD Company (OTCMKTS: BYDDY) stock closed at $55.90 (up 2.90%) on June 18, 2021. The stock gained 49.55% in just one month. If the stock sustains above $50, it can target $69. However, investors are advised to increase exposure to this stock at $36 for handsome gains.
Siemens AG (OTCMKTS: SIEGY) stock trades at $79.41
Siemens AG (OTCMKTS: SIEGY) stock closed at $79.41 (down 3.12%) on June 18, 2021. It is better to exit this stock at current levels and buy again at $65.