Feb 23, 2024
 in 
Hot Stocks 🔥

Orange Recommended a ‘Strong Buy’ by Analysts

Name of opportunity: 👀

Orange S.A. 

Hello? I’m great, thanks: 📱

The company is in ‘above average’ financial health according to analysts. 

The value of ORAN has gone up 3.15% in the last week, and analysts expect this upwards trend to continue. They say it might increase +23.23% in the next 12 months, meaning that if you were to invest $1000, you could potentially profit $232.32.

How hot is this investment opportunity? 🔥🔥🔥🔥🔥

Being given a general recommendation of ‘Strong Buy’ from analysts means that there is overall a high level of confidence in Orange. ‘Strong Buy’ recommendations are fairly rare, and mean that analysts expect the stock to outperform the markets, and do very well financially in the near future. 

As well as standing to benefit from the value of the stock potentially increasing over the next 12 months, there’s also the chance to earn dividends. The dividend yield is currently 6.47%. 

A global business: 🌍

The company operates in 26 countries across Europe, Africa and the Middle East. Orange has been performing well internationally recently, growing its revenue in the MENA region by 11.4 percent in the last year. The EU has also just approved a joint venture between Orange and Spanish hybrid mobile network operator MásMóvil.

Last year, the French telecoms company managed to cut its costs by approximately US$325.6 million, despite inflation.

Which neme?: 🔍

You can find this one under ‘Analyst Recommended’. 

Han Tan

Han Tan is Chief Market Analyst at Nemo.money, bringing over a decade of experience in financial markets as both a seasoned journalist and analyst. Known for his sharp insights into stocks, currencies, and commodities, Han has become a familiar face to national audiences through appearances on Bloomberg TV Malaysia, BFM 89.9, and NTV7 — earning him a trusted reputation in financial media. Before joining Nemo, Han served as Market Analyst at Exinity Group from 2019, where his commentary on macroeconomic trends and market-moving news was regularly featured by global outlets including Reuters, Bloomberg, CNN, BBC, and AFP. Today, Han brings that same clarity and depth to Nemo’s community, delivering content-led ideas that empower first-time investors to confidently navigate global markets.