Technically, timing appears good within a medium term time horizon to buy shares in Nestlé. The technical support area at 73.46 CHF effectively limits downside risk and should allow the stock to get back into an upward dynamic. Investors have an opportunity to buy the stock and target the CHF 78.
The company has solid fundamentals for a short-term investment strategy.
The share is getting closer to its long-term support in weekly data, at CHF 73.46, which offers good timing for buyers.
Share prices are approaching a strong support area in daily data, which offers good timing for investors.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.
This company will be of major interest to investors in search of a high dividend stock.
According to forecast, a sluggish sales growth is expected for the next fiscal years.
The group usually releases earnings worse than estimated.
The underlying tendency is negative on the weekly chart below the resistance at 79.05 CHF