Is OTLY a Good Stock Buy? | Investing Tips

In our office, we have been drinking oat milk since 2019. One of the ladies, who is also the operational manager in my office, invested in OTLY last year in the Summer. She mentioned it to me back then. The company has been under my radar ever since. Not only that, I love their products so it only makes sense for me to add them to my portfolio. I invested in OTLY last January. I believe it’s a good buy, which is why I want to share some information about this stock with you.

OTLY is one of the biggest players in the oatmeal industry, which is a booming sector. Obviously, one of their main products is oatmeal. But aside from that, they also produce yoghurt, ice cream, and other products, as the company continues to expand.

OTLY is one of the stocks that you may consider buying aggressively over the next six months because the stock is poised to be worth more than $4 in the future.

OTLY has a great business model that will be amazing in the coming years. However, the stock is currently not in favour, as can be seen in its previous close.

But, investors shouldn’t worry. OTLY reported quarterly revenue of $185.9 million, which is a 46.3% increase year-over-year. It also posted revenue of $643.2 million for 2021, which is a massive increase of 52.6% year-over-year.

OTLY is the type of company that understands marketing, demand, product scaling, etc. It’s one of the rare companies where you’ll get an opportunity to buy and benefit from the decades of growth that the company will go through in the future.

It may be a money-losing company right now and some investors don’t want anything to do with it but it’s still a good buy. Why? Although you won’t be making any money in the next three months, you’ll surely make money from the stock in the next three to six years, which is why you should consider adding the stock aggressively to your portfolio.

Market Cap = 2.655B

Previous Close = 4.52

52 Week Range = 4.4700 – 29.0000

EPS (TTM) = – 0.3870

That’s all for now. I hope you like my new idea for investing from today’s blog. Feel free to leave your comments below if you want to add more details about OTLY or if you have suggestions or recommendations. Please hit the share button if you found this blog helpful. Lastly, signup to our newsletter so you’re always updated when we post new blogs on your platform. Check out our previous article on”3 Reasons Why Tesla Stock Can Go Up Soon“. Till next time. Take care.

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