Giulio Fornasar
Introduction
Even though it is a blue chip and even though it is a utility, Enel (OTCPK:ENLAY) has certainly not been a SWAN stock in the past few years. Just look at its price, and we see a rollercoaster
Enel's Tenacity: Revealing Revival And Sustainable Growth Amidst Market Volatility
Summary
- Enel's turnaround seems to have begun as the company shows financial resilience, debt reduction, and enhanced profitability.
- The company's leaner approach drives efficiency and targets profitable investments.
- Enel's appeal to income investors is now sustainable thanks to positive FCF generation.
I focus on long term growth and dividend growth investing. I follow both the US and the European stock markets, looking for undervalued stock and/or for high quality dividend growing companies that provide me with cash to reinvest. Over time, I have come to realize that profitability is a much safer driver of gains than low valuation. As a result, I give utmost importance to margins, free cash flow stability and growth, and returns on invested capital. I research stocks within my areas of competence and whenever I find a high-quality company, I usually never get bored in researching it more and more.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in ENLAY over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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