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Mart Poom
@martpoom · Jul 18

Since someone mentioned $ASML - do you think there is a similarly important but unknown company in the world? I think it could be BASF. What do you think?

BASF is one of the largest chemical companies in the world, specialising in the production of chemical products for a wide range of industries. The company produces, for example, polymers, pesticides, dyes, pharmaceuticals, catalysts, electronic materials and much more. BASF is attractive to investors because of its long-term success and steady performance, which is reflected in its strong financial statement and dividends to shareholders.

The company invests heavily in research and development, which allows it to maintain a high level of competitiveness and innovate in various areas. However, BASF is not a well-known company to the general public because it primarily targets industrial customers and its products are often used as parts of manufacturing processes rather than as consumer goods.

Osobní pohled člena komunity, ne investiční doporučení. Pravidla komunity

BC

I really like ASML, but I will definitely look at BASF.

RR

Bingo! I've never heard of BASF.

$IP comes to mind. Cardboard boxes and paper are, although not many people realize it, very important. But I would say the company is not that well known. It's probably not quite at the level of $ASML, but the parallel is perhaps valid.

BC

Interesting focus and an interesting company, I wouldn't even think that the shares of such a company could be publicly traded.

Thanks for the tip, I'll check it out.

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