Enel: Evaluating the Hype Behind Italy's Most Popular Stock
Investing.com | May 16, 2023 20:55
- Enel is popular stock in Italy with a market cap of $67B.
- The multinational energy company operates in electricity and gas sectors across Europe and Latin America.
- Mixed performance, high debt, and unattractive valuations make the stock a poor long-term investment.
Enel (OTC:ENLAY) (ETR:ENEI), with a market capitalization exceeding $67 billion, is one of the most popular stocks in Italy. But what made this company such a prominent feature in the Italians' portfolios?
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