Top Investor's Secret: Undervalued European Stock Lanxess

David Einhorn's Sohn Conference Reveal: Why He's Betting on Lanxess. The Sohn Investment Conference, a high-profile event in the financial world, recently saw Greenlight Capital's David Einhorn unveil his latest investment recommendation: Lanxess, a German chemical company. Einhorn stated, "European stocks are easier to find undervaluation." He believes that the European market offers opportunities for investors to find undervalued companies that are overlooked by the broader market. This is not the first time Einhorn has looked to Europe for investment opportunities, having highlighted other European companies in previous years. This strategy is based on his belief that the European market is less scrutinized and thus presents opportunities to find value in good companies. Lanxess, a specialty chemicals company, fits this model. While the company's financial performance is solid, it hasn't received the same level of attention from investors as comparable companies in the U.S. Einhorn's choice highlights the potential for finding undervalued gems in less-scrutinized markets. His recommendation underscores the importance of thorough due diligence and the potential rewards of exploring international investment opportunities.