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IFNNY - Infineon Technology Offers An Appealing Valuation Opportunity
Infineon Technologies AG ADR
Due to macro and company-specific forward risks, the share of Infineon Technologies (OTCQX:IFNNF) (OTCQX:IFNNY) has, very quickly, lost approximately 30% of its value in less than 3 months. I have been LONG since early 2016, and the company represents one of my early investments in Germany. Since then, I've been hesitant to add more to the position however, due to lack of undervaluation combined with a meager company dividend yield of below 1.5%. There were simply better opportunities on the table.