This time, picking a stock was easy. On the Obermatt Top 10 list of Ireland, Obermatt CEO Dr. Hermann J. Stern found a produce distributor with presence in all of Europe. This appeals to him. He likes fruits and vegetables in his food and he thinks more and more people will do so in the future. In addition, it is an industry that will most likely be less affected by the digitization of everything. We can't eat our mobile phones. This is why he bought Total Produce, an Irish company with 3 billion euros in sales.
This time, he opted for a company of the size "L" even though he typically buys larger companies in the XL and XXL category. He did this because he already owns almost 20 stocks. A smaller stock with its higher risk is not a problem if it represents just a small part of the portfolio.