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Is Michelin Turning into a Value Opportunity After Recent Specialty and Premium Segment Expansion?
Investors may be wondering whether Compagnie Générale des Établissements Michelin Société en commandite par actions is quietly turning into a value opportunity, or if the market already reflects its true worth.
The share price is down 0.3% over the last week, 3.4% over the past month and 13.3% year to date. However, it is still up 18.9% over three years and 22.2% over five years, which suggests a mix of recent pessimism and longer term resilience.
Recent headlines have focused on Michelin's...