RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
There are literally thousands of publicly traded companies you can invest in. In today's dynamic and often unpredictable economic landscape, investors are regularly asking themselves whether they should invest domestic or worldwide stocks, or both.
The Bucharest Stock Exchange (BSE) has entered on the radar of local and international investors demonstrating a notable expansion during the recent years.
With a market capitalization of around 73 billion EUR, over 226.000 new investing accounts and 5 new companies listed in 2024, Romania's stock market is expected to continue to rise and soon rank among the top performers in Europe. Hence, many investors may ask themselves, what are the best Romanian stock to invest in 2025?
Investing in Top 10 Romanian Shares - Quick Guide
Open an account – You’ll first need a brokerage account, with a highly regulated broker, such as NAGA.com. Then, once you’ve verified and funded your account, you can buy and sell some of the best Romanian stocks and collect any dividends that are paid.
Choose the shares you want to buy – You can choose between top BVB shares, including well-established companies like OMV Petrom (SNP), Banca Transilvania (TLV) or Hidroelectrica (H2O), and the most recent companies listed at BSE.
Place your order – Pick an order type, the amount you want to invest, and execute trades in your account.
With NAGA.com you can now trade BVB Stocks with 0% Commission (Terms and Conditions apply)
Before we get into the list with some of the best Romanian stocks, let's acknowledge three caveats:
Choosing the best Romanian stocks to invest in today heavily depends on your personal financial situation. To get a feel for where you stand, read our guide on how to invest in stocks. It walks you through the process of screening stocks, allocating assets, and when it makes sense to buy shares of stock.
These stocks are considered long-term investments. If inflation stays elevated longer than expected and, interest rates will continue to stay high for longer, while the geopolitical uncertainty around the world may persists, or some large economies fall into a deep recession, it's entirely possible that most or all of these could decline in the near term.
The list below isn't meant to be exhaustive one. Instead, they're long-term Romanian stocks that worth considering for {year} and beyond. One of the best ways to diversify your holdings is to build your portfolio withing a single, complete financial ecosystem, such as NAGA.com.
Let's get into the list of the BVB Top 10 stocks to buy now and hold for the long term, based on analysts' coverage and the latest BSE stock price predictions.
Best Romanian Stocks for {month} {year} - Top 10 BSE Stocks
Some of the best BSE stocks to buy in {year} take into consideration strong business fundamentals, robust earnings profiles, and the capacity to rebound once the market regains momentum.
OMV Petrom (BSE: SNP) - one of the best Romanian stocks from the oil and gas industry
Hidroelectrica (BSE: H2O) - one of the best Romanian stocks from Energy production industry
Banca Transilvania (BSE: TLV) - one of the best Romanian stocks from the banking industry
Romgaz (BSE: SNG) - one of the best Romanian stocks from the gas industry
BRD (BSE: BRD) - another top stock from the banking industry
Nuclearelectrica(BSE: SNN) - the only producer of nuclear energy in Romania
Electrica (BSE: EL) - another top stock from the energy sector
MedLife (BSE: M) - one of the best BSE stocks from the healthcare industry
One United Properties (BSE: ONE) - one of the best real-estate stocks traded on the BSE
Transport Trade Services (BSE: TTS) – one of the best BSE stocks from services sector
The Romanian stocks highlighted on this list are sourced from industry analysts, but they may not be a perfect fit for your portfolio. Before you decide to purchase any of BSE stocks listed based on third party price predictions, do plenty of research to ensure they are aligned with your financial goals and risk tolerance. You should also know that the past performance and forecasts are not reliable indicators of future results.
1. OMV Petrom (BSE: SNP) - one of the best Romanian stocks from the oil and gas industry
OMV Petrom S.A. is the largest energy company in South-East Europe.
The company is forecast to grow earnings and revenue by 10.4% and 4% per annum respectively. EPS is expected to grow by 0.4% per annum, while return on equity is forecast to be 18.2% in 3 years. OMV Petrom is a dividend paying company with a current yield of 9.99% that is well covered by earnings. The dividend yield forecast in 3Y is 10.4%.
From a longer technical perspective, OMV shares are moving sideways after a H1 2024 bull-run. On the 4H chart, price seems to consolidate above the short-term key support level (previous resistance) at RON0.75. A bullish continuation, above 0.7720, may open the way towards the previous all-time high (RON0.80), while a failure could trigger a larger correction targeting the RON0.71 area, the mid-term key support.
Source: NAGA WebTrader
The analyst followed by stockopedia.com consensus target price for shares in OMV Petrom SA in 2025 is RON0.75. That is 2.2% above the last high of RON0.77.
2. Hidroelectrica (BSE: H2O) - one of the best Romanian stocks from energy production industry
Hidroelectrica is the largest electricity producer in Romania and the main provider of technological services required in the Romanian National Energy System.
Hidroelectrica's (H2O) revenue is forecast to decline at 0.6% per annum while its annual earnings are expected to grow at 0.5% per year. EPS is expected to decline by 2.7% per annum. Return on equity is forecast to be 21.8% in 3 years. S.P.E.E.H. Hidroelectrica is a dividend paying company with a current yield of 11.5%.
Technically, Hidroelectrica shares (H2O) price is currently consolidating in a narrow range between 121,50 and RON123,00. On a broader technical perspective, price is moving within a long-term descending channel, with the price testing multiple times its resistance. A breakout above it, may open the way to higher resistance levels, such as RON125,85 and RON129,00. A bearish continuation would target lower previous support levels, such as 120,00 and 118,00 RON.
Source: NAGA WebTrader
According to tradingview.com, the 6 analysts offering 1 year price forecasts for Hidroelectrica stock (H2O) have a maximum estimate of RON127.00, an average estimate of RON119.70 and a minimum estimate of RON105.00.
3. Banca Transilvania (BSE: TLV) - one of the best Romanian stocks from banking industry
Banca Transilvania is the largest bank in Romania, with a market above share of more than 20%.
Fundamentally, the company is forecast to grow earnings and revenue by 0.1% and 5.3% per annum respectively, while EPS is expected to decline by 4.1% per annum. Banca Transilvania SA is a dividend paying company with a current yield of 3.9% that is well covered by earnings.
From a long-term technical point of view, Banca Transilvania shares (TLV) price continues to move in range since May 2024. Looking closer at price action, on the H4 chart, we can notice that price made a breakout from a symmetrical triangle chart pattern, targeting now the RON29.45 area. A break above RON29,45 resistance level, could trigger a new bull wave above the all-time highs, which may be a reasonable scenario considering the triangle pattern characteristics. However, if the price fails making new highs, it may result in a prolonged range evolution.
Source: NAGA WebTrader
Trading Economics forecasts Banca Transilvania shares to be priced at RON27.08 by the end of this quarter and at RON25.99 in one year, according to their global macro-models' projections and analysts' expectations.
4. Romgaz (BSE: SNG) - one of the best Romanian stocks from the gas industry
SNGN Romgaz SA is the largest natural gas producer in Romania and one of the largest producers in Eastern Europe, being responsible for producing around 40% of the total natural gas consumption in Romania.
From a fundamental perspective, the company is forecast to grow earnings and revenue by 7.6% and 10.9% per annum respectively. EPS is expected to decline by 22.1% per annum, while return on equity is forecast to be 23.4% in 3 years. SNGN Romgaz is a dividend-paying company with a current yield of 0.24%.
From a technical perspective, SNG shares H4 price chart is showing a strong bullish momentum, with the price currently consolidating in a bullish flag pattern. If a breakout occurs under high volumes, it would support such a technical scenario. If confirmed, this could be the beginning of a new mid-term bull trend, with potential targets above RON6.5 area. Alternatively, if price fails to break above the RON5.95 level, the pattern could be invalidated. This may trigger a new corrective wave towards lower support levels, such as 5.63 and RON5.20.
Source: NAGA WebTrader
The analyst consensus target price for shares in SNGN Romgaz SA is RON5.79. That is 1.86% below the last closing price of RON5.90, according to stockopedia.com.
5. BRD (BSE: BRD) - one of the best Romanian stocks from the banking industry
BRD Groupe Société Générale is a one of the top Romanian banks with headquarters in Bucharest having about 2.2 million customers and operating a network of around 870 branches.
The company is forecast to grow earnings and revenue by 4.0% and 3.3% per annum respectively. EPS is expected to grow by 1.7%% per annum, while return on equity is forecast to be 14.8% in 3 years. BRD - Groupe Société Générale is a dividend paying company with a current yield of 5.12% that is well covered by earnings.
Technically, BRD shares price are moving in a downtrend since mid-2024 when it reached an all-time high. Price seems to just have broken the support of a symmetrical triangle, which currently favors a bearish continuation scenario, with potential price targets such as 17.20 and lower, RON16.55. Alternatively, if bulls manage to keep the RON17.20 area, which is now the next key support level, and push the price above RON19.25 (key resistance), this could be only a corrective phase and not the beginning of a new downtrend.
Source: NAGA WebTrader
The analyst consensus target price for shares in BRD Groupe Societe Generale SA is RON18.21. That is 0.92% below the last closing price of RON18.38, according to stockopedia.com
6. Nuclearelectrica (BSE: SNN) - the only producer of nuclear energy in Romania
Societatea Nationala Nuclearelectrica S.A. (BSE: SNN) is the only producer of nuclear energy in Romania and of the fuel related to the technology used, CANDU 6.
Fundamentally, Nuclearelectrica's revenue and earnings are forecast to decline at 17.7% and 32.1% per annum respectively. EPS is expected to decline by 31.6% per annum, while return on equity is forecast to be 10.9% in 3 years. S.N. Nuclearelectrica is a dividend paying company with a current yield of 8.75% that is well covered by earnings.
Technically, SNN shares price seems to have reached a bottom of the 1-year downtrend started at the beginning of 2024. Looking at the H4 chart, price seems close to complete an inverted Head & Shoulders pattern, which is a bullish price pattern. If this scenario will be confirmed, this could be the beginning of a new bull trend, with potential price targets at RON47.65 or even higher at RON49.50. Alternatively, a bearish continuation would mean that price will continue to make lower highs after a failure in breaking the RON43.70 level, the neckline of the inverted H&S pattern.
Source: NAGA WebTrader
According to Trading Economics' forecasts, Nuclearelectrica’s shares are expected to be priced at RON40.20 by the end of this quarter and at RON38.58 in one year, according to their global macro models projections and analysts' expectations.
7. Electrica (BSE: EL) - another top stock from the energy sector
Electrica is one of the strongest representatives of the energy industry in Romania, with a permanent presence for over 125 years, and a reliable operator for the Romanian energy market. With a team of over 8000 employees at the end of 2022, the company is the second-largest employer in the energy sector and a major contributor to the state budget.
Societatea Energetica Electrica's revenue is forecast to decline at 1% per annum while its annual earnings are expected to grow at 1.6% per year. Societatea Energetica Electrica is a dividend paying company with a current yield of 0,79%.
From a technical point of view, EL shares are rebounding after a 50% correction of the 2023 - mid-2024 uptrend. Although that uptrend is still intact, a bullish continuation is conditioned by a new all-time high. On a lower H4 timeframe, price is currently testing the support of the ascending channel marking the rebound mentioned above. However, price seems to have lost momentum, with a shooting star candlestick pattern signaling a potential breakdown, scenario that is supported by the RSI divergence.
Source: NAGA WebTrader
The analyst’s consensus target price for shares in Societatea Energetica Electrica SA is RON14.60. That is 4.82% below the last closing price of RON15.34, according to stockopedia.com.
8. MedLife (BSE: M) - one of the best BSE stocks from the healthcare industry
MedLife (BSE: M) - one of the best BSE stocks from the healthcare industry.
Fundamentally, MedLife is forecast to grow earnings and revenue by 92.9% and 11.00 % per annum respectively. EPS is expected to grow by 93.7% per annum, while return on equity is forecast to be 24.4% in 3 years.
From a long-term technical perspective, MedLife shares are being trade within a range since the end of 2024 as seen on the H4 M shares chart below. Although price had some breaking down attempts, both bulls and bears managed to maintain the key support and resistance levels. Currently, both bullish and bearish scenarios are conditioned by a breakout from this range. Such a technical picture might favor short time trading strategies, such as day trading or swing trading, where traders usually want to enter in long positions, near to support and take profits near resistance, and vice versa. However, an unexpected breakout may expose their positions to higher risks. For this reason, seasoned traders usually use a stop loss order.
Source: NAGA WebTrader
The analyst’s consensus target price for shares in MedLife SA is RON6.21. That is 5.43% above the last closing price of RON5.89, according to stokopedia.com.
9. One United Properties (BSE: ONE) - one of the best real-estate stocks traded on the BSE
One United Properties stands as a leading green investor and developer of residential, mixed-use, commercial, and office real estate in Bucharest, Romania. Company's purpose is to create thriving, sustainable communities by developing state-of-the-art, energy-efficient buildings and to drive enduring value growth for its stakeholders.
One United Properties' revenue and earnings are forecast to grow at 11.8% and 12.8% per annum respectively. EPS is expected to grow by 4.3% per annum, while return on equity is forecast to be 15.1% in 3 years. One United Properties is a dividend paying company with a current yield of 4.9% that is well covered by earnings.
One United shares (BSE: ONE) price started the 2nd quarter of 2024 with a massive sell-off and lost more than 20% in 2 weeks and continued falling until the end of 2024. RSI indicator is currently at 49,21, which means there might be room for further decline. Although price is currently being traded within a range, if the bears will continue controlling the price, a further decline below the RON20.55 key support level could target new all-time lows.
Source: NAGA WebTrader
The analyst consensus target price for shares in One United Properties SA is RON40.08. That is 92.69% above the last closing price of RON20.80, according to stockopedia.com.
10. Transport Trade Services (BSE: TTS) - one of the best BSE stocks from services sector
Transport Trade Services S.A. provides freight forwarding services in Romania. It is involved in the river/maritime and land transport of bulk and packed commodities goods, handling of goods and equipment, and door-to-door transportation activities.
Transport Trade Services` (TTS) revenue and earnings are forecast to grow at 1.4% and 10.6% per annum respectively. EPS is expected to grow by 44.6% per annum, while return on equity is forecast to be 6.8% in 3 years. TTS (Transport Trade Services) is a dividend paying company with a current yield of 7.31% that is well covered by earnings.
From a technical point of view, TTS share price is currently consolidating after a strong 2024 downtrend. Looking at shorter timeframes, it seems like bulls are trying to regain momentum, with the price currently trading between 0.38 and 0.50 Fib. Retracement levels on the H4 chart. A bullish continuation on the short term should bring a breakout above the RON5.37 resistance area (0.50% Fib. Retracement), while a bearish scenario could initially target the previous low, RON3.80. On a longer time horizon, price may continue the consolidation phase before a potential trend reversal, if fundamental circumstances are positive.
Source: NAGA WebTrader
The analyst consensus target price for shares in TTS Transport Trade Services SA is RON7.36. That is 38.61% above the last closing price of RON5.31, according to stockopedia.com.
Are these the best Romanian stocks to invest in right now?
Not necessarily. These are some of the best BSE stocks to watch in {year} based on analyst coverage, and defensive and recovery opportunities. But that doesn't mean that they're the best Romanian stocks to invest in. Predicting the future of even the current top-performing Romanian stocks is a job even the pros haven’t yet mastered. And the best stocks to buy for your portfolio aren’t necessarily the best stocks for someone else’s portfolio.
For example, a young person who is looking to grow their retirement savings aggressively might gravitate toward growth stocks for their high-risk, high-reward ratio. On the other hand, a retiree who is looking for passive income might prefer predictable dividend stocks, which are relatively stable and have a history of consistently growing their dividend payments over time.
Choosing good stocks for your portfolio is a relatively time-consuming task, and you need to look beyond performance metrics like the ones on this page. Yes, it's a solidly good sign if a stock can outperform during periods of market volatility and the broad market declines like we've seen in 2022. But as referenced above, there are several other factors to consider.
Beyond your own personal risk tolerance and how long you plan to invest, strategic investors do significant research into a company before buying its stock. They perform fundamental analysis, which involves looking at the company's financial statements and considering how economic factors might influence the stock's future performance.
Many investors also do technical analysis of a stock, which means analyzing historical movements in the stock's price to attempt to predict future movements. If you want to go this route, we have detailed overviews of how to buy stocks and how to trade stocks, including key terms to know.
Why Invest in Top Romanian Stocks with NAGA
Enjoy simple and accessible investments both on the Romanian and international capital markets, through a high-performance platform.
Get access to a complete financial ecosystem that allows you to trade and invest in multiple assets, be part of a global community and copy successful traders.
Trade with confidence through a trustworthy broker, regulated by multiple financial authorities and registered at ASF in Romania.
Before you consider Romanian stocks, you'll want to hear this.
If you're starting on your investing journey (or if you want a sanity check), please read through our how-to-invest in stocks guide. It goes through all the basics, from how to get started to how to determine your personal investing strategy, to how much of your money to invest in stocks.
Although analysts are bullish on some of these stocks and think they are good Romanian stocks to buy right now, they might not all be the best choices for investors who don't yet have established and diversified portfolios. Even the most stable companies on this list aren't immune to unpredictable oscillations in their stock prices, especially over short periods.
Free resources
Before you start investing in the some of the best stocks for your portfolio, you should consider using the educational resources we offer like NAGA Academy or a demo trading account. NAGA Academy has lots of trading courses for you to choose from, and they all tackle a different financial concept or process – like the basics of analyses – to help you to become a better trader or make more informed investment decisions.
Our demo account is a suitable place for you to learn more about leveraged trading, and you’ll be able to get an intimate understanding of how leveraged trading works – as well as what it’s like to trade with leverage – before risking real capital. For this reason, a demo account with us is a great tool for investors who are looking to make a transition to leveraged trading.
The information presented herein is prepared by AXON SECURITIES S.A. and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research. It does not regard to the specific investment objectives, financial situation or the particular needs of any recipient
Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research.
AXON SECURITIES S.A. does not influence nor has any input in formulating the information contained herein. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.
Therefore, AXON SECURITIES S.A. shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance and forecasts are not reliable indicators of future results.
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HIGH RISK INVESTMENT WARNING:CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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