International Stocks Worth Buying

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International Stocks Worth Buying

International Stocks That Are Worth Buying

According to the available data, there are around 41K - 45K public companies around the globe. This means there are plenty of opportunities around the world & you don't have to limit yourself to just stocks from the UK.

Anglogold Ashanti

AngloGold Ashanti is a gold mining company that is operating in 9 countries and has a presence in 4 continents. One thing which makes AngloGold Ashanti so interesting is its low valuation when compared with similar firms.

Also, the AngloGold Ashanti has gone through a business restructuring in 2023. The firm also changed its listing from SA to the NYSE.

One risk which remains a big one for AngloGold and the entire industry is cost inflation. Recently, 1 mine of the AngloGold was put into 'Care & Maintenance.'

One thing which goes in favor of AngloGold is that the Gold prices will rise this year and the next one. On top of that, the forward P/E ratio of the AngloGold is also very favorable.

Rsted

Another international stock which is worth buying is rsted. This is an energy supplier from Denmark and is involved in the offshore wind power.

So, anyone who is interested in the renewable energy can definitely look at the rsted stock. The rsted has faced many challenges in the last few years. In fact, the stock value of rsted also declined by almost 55%.

The rsted also faced a decline in its earnings, but things have changed now. The Q3 2024 results of rsted showed 570 million earnings, which was a good comeback.

However, its worth noting that the renewable energy sector remains a high risk one. From regulatory changes to unpredictable weather, there are many headwinds.

Despite all of this, rsted remains a good choice as an international stock. The experts believe that rsted has the potential to gain 34% upside from its current trading price.

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