Opinions
Bruce Murray
Zalando SE ADR
ZLNDY-OTC
TOP PICK
May 20, 2021
German online fashion retailer. Brands go onto their platform, and the shopper can shop in the one spot. Leadership position with data. A bit rich, so there could be some volatility. No dividend.
$51.590
Stock price when the opinion was issued
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(A Top Pick Oct 25/21, Down 75%) European eCommerce business that has been challenged with Ukraine tensions.
Shift away from eCommerce also affecting business.
Still owns shares in the company.
Believes there is a positive future for business in Europe.
Continues to take market share.
Moving into higher margins services (advertising etc.)
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