Zalando SE is a publicly traded German online retailer of shoes, fashion and beauty active across Europe. The company was founded in 2008 by David Schneider and Robert Gentz and has more than 51 million active users in 25 European markets.
- Revenue is meaningful (€10B)
- Earnings are forecast to grow by an average of 34.2% per year for the next 3 years
- Market cap is meaningful (€4B)
- Profit margins improved or ZAL became profitable
- ZAL does not have negative shareholders equity.
- The company is currently profitable
- Debt level is low and not considered a risk
I am taking a significant position in XETR:ZAL today. Across Germany, BENELUX, and Switzerland, consumers use Zalando to have their clothing delivered. I believe the results will be above expectations. Good luck to everyone.
count me in!!! been watching this baby for ages... now, 3,600 shares bought from 17,40. holding ZAL to 23.6% fib of the monthly chart at 38,16!
joop23
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same here. follow your logic and also my biggest portfolio at the several entry points. Last one same like yours. :)
Maximus20000
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@joop23, It would be totally miraculous if I managed to catch the bottom of the bottom of the bottom, haha. My recommendations show a target price of $30 / 30 euros... probably in 6 months...? We'll see... Anyway, this stock, very strong in the shopping sector, has been decimated. Total perplexity...