Strategy published on : 11/18/2020 | 08:59
long tradeStop-loss triggered
Entry price : 116$
Target : 130$
Stop-loss : 108$
Potential : 12.07%
Shares in FMC Corporation do not show any sign of a slowdown in the ascending dynamic. Investors could bet on a continuation of the underlying trend.
Investors have an opportunity to buy the stock and target the $ 130.
● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The group's high margin levels account for strong profits.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The stock is in a well-established, long-term rising trend above the technical support level at 88.02 USD
● The group shows a rather high level of debt in proportion to its EBITDA.