It has had a much better year for the Italian stock market. Piazza Affari Ftse Mib Index closed 2022’s first half with a 22% decrease from the start of the year. This was the worst performance of all the major European stock exchanges.
Several factors contributed to the negative trend that stimulated volatility in the financial markets. These included the Russia-Ukraine conflict, the rise in raw material prices and inflation, which in the euro zone is close to 10%. This was followed on 27 October by an announcement by the ECB of a 75 basis points increase in interest rates.
Despite the difficult economic environment, there are stocks and lists that have performed well, which gives investors some satisfaction. Tenaris and Atlantia, which saw gains of +29.94% and +71.40 from the start of the year (data: Borsa Italiana November 3 2022), are two examples of some of the most performing Italian stocks.
Let’s begin by explaining how you can buy stocks. Now let’s see which best Italian stocks are in November 2022. These stocks have been ranked according to market capitalization and should be monitored as they may rise in the future.
The Top 10 Best Italian Stocks in November 2022
Large-cap stocks are shares in large companies that have a market value exceeding EUR 10 billion. They are safer investments that are less volatile, because they have a greater stability and a wider range of income sources. They are more resilient than small-cap companies in bear markets. They have moderate growth prospects, so they are not the ideal stock for investors looking for stocks that offer the highest growth potential.
How will stocks rise in the next few months?
He explained that stock picking in the stock market is more important than ever because of rising inflation, euro’s loss against the dollar, energy crisis, and outcome of the election. Bernardo Rollino, Asset Manager at Banca Ifigest. “The ECB will raise interest rates in the next few months. The sector that will be most affected should be financial, especially banking. Profits and margins will rise significantly. In times of crisis, it is possible to form new aggregations or merges to increase market share and create more solid groups.
Rollino says that the eyes also turned to companies in the luxury industry, which “could increase in value in coming months” as the gap between the rich and the poor continues to grow in recessions past. The former will continue to purchase niche goods and services while the latter will need to cut back on non-essential items.
Rollino recommends that you keep an eye on the utilities sector “for possible changes made by the European Commission or individual states regarding regulation.” Similar to France and Germany regulations could be introduced in Italy to stabilize energy markets and companies that operate within them, “Rollino said.
Which are the best Italian stocks?
Rollino says that in times of volatility like the current one, when the market is in a bear market rally, it’s advisable to concentrate on blue chips (well capitalized companies), with a free floating that can close the position quickly in the event of bad news. The Asset Manager at Banca Ifigest adds that it is important to monitor the degree of geographic diversification when choosing shares to invest in. Companies with revenues from multiple markets have a lower likelihood of experiencing a recession, which means that companies with revenue in several markets may see their sales and value decrease.
How can you invest in the best Italian stocks
There are many options for those who wish to purchase shares in Italy.
Online trading platforms
Online trading platforms like eToro and Moneyfarm are very popular for investors. They offer a wide variety of investment options, advanced trading tools, and an easy-to-use interface. Consider brokerage and trading commissions, investment options, reliability, quality of customer support, and accessibility to a mobile app that allows you to manage your portfolio and conduct transactions from anywhere.
Not only can traditional banks offer customers the chance to purchase shares, but also online banks. Intesa Sanpaolo, for example, allows customers to invest in shares via the InvestoPro online platform. This allows them to trade in Italian and foreign shares, bonds and ETFs. It also offers webinars and training courses that keep customers up-to-date on the latest market news.
Mobiliar Intermediation Company (or SIM) is a company with a registered office in Italy that can provide investment services. They offer a variety of services, including own account trading, order execution for clients, portfolio management, and investment advice.
It is not necessary to have a large amount of capital in order to invest. You can buy shares even with a small amount of money. To determine your investment goals, risk tolerance, and evaluate the costs associated with each platform, you will need to investigate them to understand their characteristics and decide which one might be best for your needs. After you’ve completed these steps, you are ready to start investing in the stock market.