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Evonik: The Reversal Could Be Significant, 'Buy'

December 12, 2023
Source: seekingalpha.com seekingalpha.com
News Snapshot:
justhavealook/iStock Unreleased via Getty Images Dear readers/followers, I've been putting money to work in Evonik Industries AG (OTCPK:EVKIY) for some time. The company represents a significant investment both in my private and commercial portfolio and like BASF, the current position of the company is one of volatility and near-term uncertainty. One might ask themselves if I am worried about the trends that have sent this company down more than 10% in around 8 months - and the answer to that would be no, not really. I know going into these investments that volatility is a core theme, and the holding...
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