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FSNUF - Picks For October: 2 German And 2 U.S. Stocks
Fresenius SE & Co KGaA
Despite the correction, stocks - especially US stocks - are still trading at very high multiples and it is difficult to find bargains.
Bayer and Fresenius are two German large-cap stocks that are trading at depressed levels.
3M Company and CVS Health are two US companies that seem to be valued attractively right now.
Especially CVS Health and Fresenius are not only trading way below the intrinsic value, but also have a great long-term business model without major risks.