Stellantis: The Bull Run Is On Pause, Not Canceled

I have been bullish on Stellantis (NYSE:STLA) for about two years now, riding the stock from $14 per share to approximately $22 per share, a gain of 76% (including dividends), while the S&P 500 returned "only" about 33%. In 2024 YTD, however, Stellantis shares struggled to match the performance of the broader U.S. equity markets, with a negative 6% return, compared to a 10% gain for the S&P 500 (SP500). Figure 24: US inventories and incentives expanded in April US INVENTORY DAYS' SUPPLY YTD 100 90 80 70 60 ...