Austrian stocks at cycle lows and decade lows offer the potential for 2x to 5x cyclical rebounds like it had happened already a few times with all the mentioned stocks.
However, by looking at the financials for the companies, and not at what the European Comission says, there is a dark cloud on the horizon when it comes to the European economy and it might be something not priced in. Thus, as it is always with cyclicals, watch the cycle and know your cyclical.

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0:00 Austrian Stocks
2:02 AMAG
4:29 EU Economy
5:40 Andritz
6:21 AT&S
9:48 Mayr Melnhof
14:15 On my way!
15:04 Palfinger
16:33 Schoeller
16:46 Semperit