The downward trend has not yet been broken and I do not see a clear bottom. However, it should be enough for the first tranche and the savings plan, which is why I got in now.
Why Lotus?
The fundamentals are strong and run like clockwork. In the short term, companies like $MDLZ (-0.32%) Mondelez or $HSY (+1.84%) Hershey probably offer better returns. In the long term, however, I see Lotus as a "better" value. I also want to fish my individual stock positions more outside the US pond.
$LOTB (-1.98%) almost -35% since mid-October 24 🤑
