| Videos | Channels | Search |
Fiat looks cheap but the journey could be hazardous
Auto maker Fiat is "significantly overvalued" and may look like a bargain, according to Morningstar, but investors need to be wary of the potential dangers when it comes to this stock. Simply put, it's not for the faint-hearted.
Firstly, Fiat is not “moat-rated”, a ranking the research company gives to the most competitive firms. And although Morningstar believes the car company will benefit from integration with Chrysler Corporation, a downturn in Brazil - where it’s the market leader - and concerns about Europe, could make this a bumpy investment.
Fiat took full control of Chrysler in January in a USD 4.35 billion deal to create the world's seventh-largest auto group.
02:05 minutes
Tags: automaker, car company, carmaker, chrysler, equities, equity, equity market, equity strategy, equity trading, euro, europe, fiat, fiat automaker, fiat car, fiat investment, fiat mini, fiat profit, fiat results, fiat share price, fiat shares, investing, investment, lea jakobiak, markets, moat, morningstar, profit, risk, risks, saxo bank, saxo tv, stock, stock market, stocks, trading, tradingfloor.com, value