2024-09-29 15:13:24
While the Mid-Cap index continues to underperform relative to the rest of the Stock Market, showing an average return of just +4% versus the General Index’s +12.4% (through 2024), the investor encounters 6+1 stocks, which they are trying to keep the… flag high, giving satisfactory returns to shareholders and fueling the buying interest in the “middles”.
Her stock Optima Bankfor example, “runs” a rally almost +68% since the beginning of the year, being the top listed FTSE Mid Cap in terms of returns. After all, it is not just a coincidence that the company’s price has climbed to this year’s “peaks” of 13 euros/share, with the capitalization approaching the 1 billion euro mark.
At the same time, its stock Cree Cree is at historically high levels, “counting” a rise above it +36% by 2024, which translates into a market value of €430 million – the highest level in the history of the dairy industry since Serres.
Kokkalis: How he came to control 30% of Intralot
From then on, her stock Profilecontinuing the euphoria of the technology sector, is strengthened by +25% in the current year, reaching a record 130 million euros in valuation. The “strong” fundamentals, the optimistic outlook and the scenarios for new acquisitions are the main “papers” of the stock.
THE PPAat the same time, recommending one of the perennial constants of the domestic market, wins +17% from the beginning of 2024, only 5% away from the “peaks” of 28.8 euros, with the capitalization “touching” the milestone of 700 million euros.
Her stock Intralotwhich recently came into focus due to the strengthening of the shareholding of Intracom and Sokratis Kokkalis, is strengthened by approx. +9% in the 9th month of the year, while in +8% the corresponding performance of its share is formed Intranetswhich despite the recent correction is still at the highest levels of the last 15 years, confirming the surplus values of the Exarchos – Baku – Kaymenakis era.
ADMIE “Bonus”.
Finally, special mention must be made to ADMIEwhose stock seems to have the “weapons” (resilient fundamentals, electricity connection to Cyprus, dividend) to break through the critical resistances of 2.4 – 2.5 euros and approach the all-time highs of 2.8 euros. So far, this year’s listed change amounts to +4,5%.
This year’s best FTSE Mid Cap listed returns
• Optima +67,9%
• Kri Kri +36.7%
• Profile +25,6%
• PPA +17.2%
• Intralot +8.9%
• Intratax +8.1%
• ADMIE +4.5%
Ioannou: The counterattack with a “weapon” worth more than 3.3 billion euros and the +22% rally in the stock
(The above is a product of journalistic research and does not constitute an invitation to buy, sell or hold any stock)