Energy

Report by ALEZOR Research

Alejandro Acosta believes the market is too focused on TE’s near-term prospects and underestimates the company’s longer-term potential. However, this sentiment will shift, and when it does, the share price will rerate accordingly. TE’s services include engineering for carbon capture, offshore wind, e-fuels, low-carbon hydrogen, petrochemicals and LNG, make it well positioned to benefit from the energy transition. While TE has been affected by the loss of its Russian business, it has compensated for this with new contracts, such as LNG projects in Qatar and the UAE. Alejandro targets over 40% upside for the stock.

Report by Smart Insider

Last month saw 446 insider purchases (individuals) from 346 companies, spending a total of €2.2bn. Smart Insider upgraded 15+ stocks, meaning they currently have 70+ ranked stocks and just 2- ranked stocks. Upgrades were spread out among 10 countries with Germany leading. From a sector and industry perspective, sentiment was bullish in Basic Materials and Energy (Sell/Buy Ratio 0.28) and slightly bearish in Technology (S/B Ratio 1.05). The Consumer Sectors (Discretionary & Staples) led upgrades with a combined 8+. Positive ranked stocks based on Jan insider purchases include Syensqo, Colruyt, Technip Energies, Hugo Boss, Pirelli and Ebro Foods.