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FSNUF - Fresenius SE: Not Exceptional But A Very Good Investment
Fresenius SE & Co KGaA
In my last article about Fresenius SE & Co. KGaA (OTCQX: OTCQX:FSNUF), which was published in January 2018, I concluded that €52 would be a good long-term entry point for the stock, that had already been punished in 2017 and was one of the worst-performing stocks in the German DAX-30 (including the 30 largest German companies) in 2017. After the stock traded in a range between €60 and €70 for most of 2018, a steep sell-off occurred in the final quarter of 2018. A sell-off in the fall of 2018 is not surprising as