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HDELY - HeidelbergCement - Rotating Capital After 50% RoR
HeidelbergCement AG ADR
2023-04-23 04:34:11 ET
Summary
This is going to be an update on a major position of mine, HeidelbergCement. The company has outperformed over the past 12 months.
I've been a "BUY" on the company for some time, but today it touched €70/share for the native. That means that more than 60% of the upside I forecasted materialized.
My rating is still "BUY", but there is a perspective where you could take profits here and consider the company differently going forward.