GTX - Garrett Motion: A Moderate Risk And High Reward Play On A Post-Covid World
Investment Thesis
Garrett Motion (GTX) is an attractive risk versus reward investment despite challenging Q2 2020 results. Garrett's fundamental business is strong and has a significant potential catalyst via its asbestos litigation with Honeywell (HON). Stock is attractively priced here.
A glimpse into the future
Investors try to accurately predict where the market is going and “see around the corner” or “skate to where the puck will be”. This is indeed one of the hardest and potentially most rewarding aspects of trading. In January 2020 an astute investor could possibly have