Renault - Best euro stock?

I’ve been looking at Eurozone stocks lately, and honestly Renault stands out to me as one of the more interesting opportunities right now. It’s not a flashy company and it’s definitely not a “get rich quick” play. But from a fundamentals perspective, it looks solid for a medium- to long-term investment. A few straightforward points: • The stock is well below its historical highs, after a tough period for the European auto sector. • Renault has gone through a major restructuring in recent years, shifting focus from volume to profitability. • It’s paying a high dividend yield (around 6–7% at current prices), so you’re getting paid while you wait. • The balance sheet is much healthier than it was in the past, with lower financial risk. • Even using conservative assumptions, many analysts see the stock as undervalued relative to expected earnings. There are obviously risks: the auto sector is cyclical, EV transition is challenging, and the European economy isn’t exactly booming. But a lot of that seems already priced in. For me, this isn’t a short-term trade. It’s more of a value investment: buy at a depressed price, collect dividends, and wait for the market to eventually re-rate the stock. Not financial advice just my personal take.