Evonik: The Reversal Could Be Significant, ‘Buy’


Source: seekingalpha.com seekingalpha.com

Key Topics in this News Article:

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...