Stern bought Jeronimo Martins from Obermatt's Top 10 Climate Leaders Europe
Channel: Investing made easy
Date: 2015-07-03

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Obermatt CEO Dr. Hermann J. Stern buys 400 stocks of Jeronimo Martins (Portugal/Poland) for his European stock portfolio using Obermatt's Top 10 list of the Focus Market "Climate Leaders Emerging Europe & Africa". 

The rationale: Jeronimo Martins has supermarkets in Portugal and Poland, both niche markets in Europe that have room to grow. In addition, Jeronimo Martins produces food - something that every human most likely for ever needs on a daily basis. They are a supplier to Unilever, a well respected food brand. The fact that the company is controlled by a family with an equal share structure (one stock, one vote) gives me confidence that this is a good, long-term investment. 

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