The selective index of Spanish income, the Ibex 35, has suffered during the past months an accumulation in the falls of almost 5%. In just a few days, stock prices have plummeted as they have rarely seen in recent years. Despite this worrying scenario for the interests of small and medium investors, it is no less true that there is still a small representation of stock market proposals that are reluctant to change their upward trend. To the point that in some of the cases they have even been revalued.
As is usual in the always complicated relationships with the world of money, there are always business opportunities to make operations profitable. And in this case it could not be less, despite the seriousness of the situation in the national and international equity markets. With the presence of a bouquet of values that contrary to the general trend they maintain their upward trend in the background with a technical aspect of outstanding by technical indicators. Where you can perform movements to try to make a profit from the movements.
This group of values is standing out these days because very conspicuously they are pointing slight gains. With an upward trend that they are having a hard time abandoning and that they are exercising refuge values where they can protect themselves from the generalized fall in the stock markets around the world. To the point that they can be very interesting options to open positions at the moment. Do you want to know what these financial assets are that you can still trust? At least for the moment.
Bullish stocks: Ferrovial
The construction company is one of the companies that is behaving the best these days and to the point that it is the one that is being most valued by the different financial analysts. Its trend is truly impeccable and it does not offer doubts to investors with more experience in the equity markets. Where its common denominator is that after all, its medium and long-term bullish structure is not affected and volatility begins to be below average. Its weekly closings are increasing and of course that in this way it does not go down on the stock market.
While on the other hand, it has shown business results that have been to the liking of agents in the financial markets. And therefore they have been supported in the valuation of their prices. Beyond another series of technical considerations and maybe also from the point of view of its fundamentals. Where your Revaluation potential is still above 10%. With a volume of contracting that may presage new increases for the next few months, where the logical corrections in their prices will take place.
More Mobile: this year's surprise
It is another value that is surprising small and medium investors due to the enormous strength it presents in the configuration of its prices. Where in addition has been accumulating bullish divergences in price and volume oscillators with volatility approaching year-on-year lows. That is, it offers greater security to open positions from now on. Despite the general scenario in which the financial markets find themselves in equities. Although it is true that it is immersed in a wide lateral movement that can reduce its strength in the markets these days.
On the other hand, we cannot forget that this is one of the securities on the stock market that has appreciated the most in the year. To the point that you can keep trusting this company of telecos to revalue the savings in these complex days that this summer is in store for us. With the real possibility that it can go even further in the configuration of its prices given the excellent scenario that it presents in its technical analysis and perhaps also from its fundamentals. In any case, it can be perfectly kept in the portfolio for the next few months and especially to close the positions at the end of the year.
Cellnex at the head of the climbs
There is no doubt that at the moment it is one of the most bullish values, and with a great difference over the rest, of the selective index of Spanish income, the Ibex 35. It has accumulated an annual profitability that is in the double digits, which that is to say a lot about this listed company right now. Cellnex Telecom has presented the results for the first half of 2019. Revenues amounted to 489 million euros (+11%) and ebitda reached 321,3 million (+11%).
The net result closed in equilibrium (0 million euros) compared to the losses of 31 million euros in the first half of 2018. “Together with the growth operations that involve new investments for more than 4.000 million euros —between disbursement per purchase of assets and investments in deployments until 2027–, and the positive evolution of the business growth indicators at constant perimeter, it is necessary to highlight, due to their relevance, the solidity of the company's balance sheet and liquidity ”, he pointed out Tobias Martinez, CEO of the company.
The inorganic growth activity stood out in the quarter with the agreements reached with Iliad in France and Italy, with Salt in Switzerland and with BT in the United Kingdom, which together will expand the sites managed by Cellnex by 15.000. In any case, this has been one of the values that best responded to the falls in the stock market in October.
Net debt as of June 30 amounted to 2.298 million euros. 79% is at a fixed rate, the average cost of the debt (drawn down) is 2,1% and the average life is 5 years. As of July 2019, Cellnex has available liquidity (treasury plus credit lines) of 5.500 million euros.
Endesa is still close to 23 euros
Electricity continues to be another of the great surprises of the selective index of Spanish income, the Ibex 35. Despite this worrying scenario for the interests of small and medium-sized investors, it is no less true that it has managed to stay above the levels of 22 euros for each share. And what is even more interesting with a fixed dividend distribution guaranteed every year with a profitability close to 7%, above the other values of the selective index of Spanish income. Of course, it has resisted very well in these and this fact is increasing the interest on the part of small and medium investors to enter their positions in these difficult days.
Endesa has presented very positive results between January and June 2019, thanks to the good management of the liberalized market, in a very complicated environment both in the electricity and gas businesses. The results obtained allow her to be confident in achieving the objectives communicated to the market for this year.
Pending of the liberalized market
In addition to the good evolution of the liberalized market, the stability of the regulated market and the effort to contain costs have been added, which have also been key in a period in which, in addition, the company has substantially increased its investments, especially to accelerate the development of the 879 MW of renewable energy that was awarded in the 2017 auctions and which is expected to come into operation before the end of this year.
It should be noted that there has been a significant drop in the demand for electricity during the first six months of the year as a result of the high temperatures in the period and the impact of the slowdown in the economy on the consumption of large companies. In addition, there has been an increase in the price of CO2 rights and a lower availability of hydroelectric generation, which has led to a 3.4% increase in wholesale market prices, which have reached 51,8 euros per MWh .
Iberdrola in an uptrend
The other electricity company is another of the few values that are giving more than one joy to small and medium investors. Not surprisingly, it is doing very well in the equity markets. With prices that move in a very short range between 8,50 and 8,70 euros and what is even more important very close to their yearly highs. That at any time it can exceed and in which case it would enter the free rise figure. That is to say, without resistance ahead and that can lead you to reach heights or levels at your highest prices.
It is another of the securities that must be kept in the portfolio at moments as complex as the current ones and that can even strengthen its positions before the end of the year. It has been in any of the cases one of the best values since the summer of last year when it traded around 6 euros per share. where The results obtained allow you to be confident in achieving the objectives communicated to the market for this year. With very favorable prospects for investment in the coming years.