Every day, online trading platforms offer more and more assets to trade. While some assets are more recent and very lucrative, there is no guarantee that they will remain so for long. The AMF, the market regulator in France, also recommends that we invest in different stocks so as not to place our finances in savings accounts that no longer pay anything. Thus, finance is no longer the prerogative of the rich, and you, like me, can make considerable profits by trading on the trading sites.
Except that there is a catch: the stock market has ups and downs because of the risks inherent in online trading platforms. French shares contain real nuggets, but there are also those that pay only with difficulty. That’s why it’s important to have your back covered before rushing headlong into the stock market. And by that, I mean that by following the right advice, you can target the stocks that will pay you the most. In this article, I will therefore offer you my top 3 French stocks to watch.
In France, online trading is on the rise, and assets are multiplying, so it is difficult to separate the wheat from the chaff. After reflection, I agree with the opinion of certain colleagues who have debated on the best French stocks to be absolutely preferred. To create this top, the analysts considered the market capitalization value of French companies as well as the evolution of dividends granted to shareholders over the past years.
The giant of the French cosmetics industry represents an excellent investment, both in the short term and in the long term. Multiplying its numerous international subsidiaries, L’Oréal continues to increase its turnover, its output and the dividends it grants to its shareholders. In short, this big name in French industry is a safe bet that has won over the most experienced traders.
Crédit Agricole is, in my opinion, one of the best financiers of the French economy, with a growing market share among individuals. On an international scale, this financial juggernaut is present in some fifty countries, which contributes to the flourishing activities of the bank: 597.2 billion euros in deposits against 369 billion euros in loans, for a total turnover of 19 million euros.
In the stock market, Crédit Agricole continues its momentum by joining forces with SMEs with high added value, in order to generate multiple interest rates. This is particularly the case of the Spanish establishment Santander, which is positioned as the leader in the financing of cross-border trade.
I no longer introduce you to Michelin. This tire giant is omnipresent on the stock market. And for good reason, all investments in Michelin shares are guaranteed to be 100% successful. The firm remains in the selection of the CAC 40, the most efficient Parisian index.