Nike
$NKE (-6.85%) last year generated sales of 49 billion USD an increase from 27.8 billion USD in 2014.

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- DEUTSCHE BANK RESEARCH raises the price target for NIKE from USD 82 to USD 84. Buy. $NKE (-6.85%)

- RBC raises the price target for ALPHABET A SHARE from USD 210 to USD 235. Outperform. $GOOGL (+0.94%)

- RBC raises the price target for AMAZON from USD 225 to USD 255. Outperform. $AMZN (+0.26%)

- RBC raises the price target for META from USD 630 to USD 700. Outperform. $META (-2.23%)

- ODDO BHF raises the target price for MUNICH RE from EUR 540 to EUR 555. Outperform. $MUV2 (-1.1%)

- ODDO BHF upgrades HERMES to Neutral. Target price EUR 2315. $RMS (+0.75%)

- ODDO BHF raises the target price for AIRBUS from EUR 168 to EUR 180. Outperform. $AIR (-0.84%)

- ODDO BHF raises the price target for FRAPORT from EUR 58 to EUR 61. Outperform. $FRA (+5.53%)

- JPMORGAN raises the target price for FEDEX from USD 366 to USD 370. Overweight. $FDX (-8.08%)

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- GOLDMAN lowers the price target for NIKE from USD 97 to USD 91. Buy. $NKE (-6.85%)

- BOFA lowers the price target for NIKE from USD 95 to USD 90. Buy. $NKE (-6.85%)

- ODDO BHF downgrades CARBIOS to Neutral. $ALCRB (+3.49%)

- KEPLER CHEUVREUX lowers the price target for LANXESS from EUR 31 to EUR 30. Buy. $LXS (-0.26%)

- HAUCK AUFHÄUSER IB lowers the target price for DEUTZ from EUR 8.50 to EUR 7. Buy. $DEZ (-1.18%)

- BARCLAYS lowers the price target for VERTEX from USD 509 to USD 418. Equal-Weight. $VRTX (-0.44%)

- GOLDMAN lowers the price target for BIRKENSTOCK from 59.10 USD to 57.90 USD. Neutral. $BIRK (+4.23%)

- GOLDMAN downgrades TEAMVIEWER from Buy to Neutral and lowers target price from EUR 17 to EUR 12. $TMV (-2.93%)

Goldman lowers Teamviewer to 'Neutral' - target down to 12 euros + Hornbach Holding adjusts sales forecast + Nike outperforms in second fiscal quarter + Today is big expiration day

Downgrade for Teamviewer $TMV (-2.93%)

• The US investment bank Goldman Sachs has downgraded Teamviewer from "Buy" to "Neutral" and lowered its target price from 17 to 12 euros.
• Analyst Mohammed Moawalla wrote on Thursday evening that his buy recommendation was based, among other things, on the prospect of share buybacks.
• However, distributions have become more uncertain in view of the takeover of 1E.
• However, Moawalla remains optimistic about the company's growth potential.

Key figures HORNBACH Holding AG & Co. KGaA Group $HBH (-12.53%)

• Hornbach Holding adjusts its sales forecast for the 2024/25 financial year to the previous year's level, while the forecast for adjusted earnings before interest and taxes (EBIT) is confirmed.
• Third-quarter sales increase by 1.3 percent to EUR 1.505 billion thanks to the European business, while EBIT falls by 28 percent to EUR 34.6 million, mainly due to wage increases

Nike $NKE (-6.85%)
with quarterly figures

• Nike exceeds analysts' expectations in the second quarter with sales of 12.35 billion dollars, although sales fell by 8 percent year-on-year.
• Profit falls by 26 percent to 1.16 billion dollars, while the share price rises by around 8 percent in after-hours trading.

Friday: Stock market dates, economic data, quarterly figures

Big expiry day

• ex-dividend of individual stocks

Hewlett Packard Enterprise 0.13 USD

British American Tobacco USD 0.74

• Quarterly figures / company dates Europe

07:00 Hornbach Holding AG Quarterly figures

• Economic data

08:00 DE: Producer prices November FORECAST: +0.3% yoy/-0.3% yoy previously: +0.2% yoy/-1.1% yoy

08:00 UK: Retail Sales November OUTLOOK: -0.3% yoy/+1.5% yoy previous: -0.7% yoy/+2.4% yoy

12:00 DE: Expiry futures and options STOXX family (Eurex)

13:00 DE: Expiry DAX futures and options (Eurex)

13:00 DE: Expiry TecDAX futures and options (Eurex)

14:30 US: Personal Spending and Income November Spending / Income FORECAST: +0.5% yoy/+0.4% yoy previous: +0.4% yoy/+0.6% yoy PCE Price Index / Total Rate FORECAST: +0.2% yoy/+2.5% yoy previous: +0.2% yoy/+2.3% yoy PCE price index / core rate PROGNOSE: +0.2% yoy/+2.9% yoy PREV: +0.3% yoy/+2.8% yoy

16:00 EU: Eurozone Consumer Confidence Index (flash estimate) December FORECAST: -14.0 previous: -13.7

16:00 US: Index Consumer Sentiment Uni Michigan (2nd survey) December FORECAST: 74.0 1st survey: 74.0 PREVIOUS: 71.8

17:20 DE: Expiry SMI future (Eurex)

17:30 DE: Expiry equity options (Eurex)

21:15 US: Expiry e-mini Nasdaq future | e-mini S&P future

Medium-term objective to buy positions in $MA (-0.34%) y $V (-0.14%) when they reach a more appropriate price

These are companies that have performed very well in periods of crisis and maintain stable and growing dividends and constant results.

To equalize the risk a bit, when I have my portfolio at full capacity it will be composed of:

60% Technology with Growth Potential

$GOOGL (+0.94%)
$NVDA (+2.01%)
$MSFT (-1.05%)
$META (-2.23%)
$AAPL (+1.34%)
$AMZN (+0.26%)
$ABNB (+3.68%)
$NFLX (+0.09%)

30% Well-performing companies in crisis with stable growth and dividends.

$WMT (-2.1%)
$MCD (-0.31%)
$ITX (+1.17%)
$MA (-0.34%)
$V (-0.14%)

10% Companies that can give good results in the long term and are going through temporary difficulties or companies that do not have profits because they reinvest everything in growth (riskier investments but with a higher possible return).

$BFIT (+0.23%)
$NKE (-6.85%)
$BMW (+0.87%)

Any ideas to contribute? 💡

Yesterday I ordered my securities account transfer from Consorsbank to TradeRepublic.

A few considerations prompted me to do this.

Savings plans are free of charge (may change)

Savings plans can be executed weekly. (At Consorsbank only monthly. But you can trigger one-off payments on certain days of the month. I have not yet found out whether this is possible with TR)

the roundup and the cashback of the debit card are very interesting. Provided you consistently pay by card. But I am a person who prefers to pay small amounts in cash. Not least so that small businesses (bakeries etc.) don't have to pay the fees. I don't care about larger sums). I tried out the card today with 2 really small purchases. Together they brought 43 cents.

TR works with the Finanzguru app, but not properly with Getquin (so far), maybe there's still something going on, it's supposed to have something to do with an API. No plan.

1 Euro per order

3.25% from tomorrow 3% on the cash balance. Three times as much at ConsorsBank.

I am convinced of the concept after a lot of research on the net.

The process was really simple. I was able to apply for the transfer directly online at ConsorsBank. However, only whole items can be transferred, but that should be known.

The full units of ETFs and shares were booked out of the custody account 10 minutes after the order was sent.

The sale of the partial units was free of charge. But it took a little while.

But I also knew that thanks to the WWW.

For the time being, the sum from the parts remains in the clearing account for the advance lump sum.

Now I have to wait until the deposit has been transferred. I'm also curious to see whether the tax documents and the loss pots will be transferred.

I think everyone feels a little queasy when their securities are flying around in orbit somewhere.

I'll keep you posted on how long it took and so on.

I wish you all a Merry Christmas.

Carsten

Created without A.I. but certainly with errors :-)

Update:

16.12.24 Transfer requested

Something is happening 17.12.24 I would not have expected that

WOW the first papers are arriving at TR.

$O (+1.22%)

$NVDA (+2.01%)

$NKE (-6.85%)

$TDIV (+0.29%)

$QBTS (+2.85%) (first test purchase at TR)

Update: 18.12.24

All items have been transferred to TR. And that within two days. I don't think it could be faster.

Now we just have to wait and see if and when the cost prices are updated.

Greetings

Carsten

16.12.2024

Fed interest rate decision in focus + New Nike CEO must turn the tide + Berenberg raises target for Rheinmetall to EUR 750 (655) to BUY

The DAX continued its upward trend last week, reaching another record high last Friday. However, investors are likely to hold back on new investments in the coming week: In addition to the Fed's interest rate decision on Wednesday, the witches' Sabbath is due on Friday.

Nike $NKE (-6.85%)delivers figures on Thursday

The world's number one sneaker manufacturer currently has plenty of construction sites, which are likely to be reflected in the results for the second quarter. It is eagerly awaited how quickly Nike veteran Elliott Hill, who returned as CEO in mid-October, can turn things around. And how he intends to do this. Brand desirability has suffered in comparison to competitors - even smaller ones - partly because Nike has recently focused little on innovation. Wholesale has also been neglected with the focus on direct-to-consumer (DTC) sales. The group must "work hard to win back the customers it has lost to companies such as On, Adidas, New Balance and Hoka", and a turnaround under a new CEO could take longer than the market anticipates, according to the Jefferies analysts. Adidas in particular has recently caught up in Nike's US home market. >>> Thursday, December 19, 2024; 22:15

Berenberg raises target for Rheinmetall $RHM (-0.78%)to EUR 750 (655) and BUY

The private bank Berenberg has raised its target price for Rheinmetall from EUR 655 to EUR 750 and left its rating at "Buy". Following his analysis of the current order situation in the defense sector, expert George McWhirter believes that the Düsseldorf-based company can achieve average growth of 24 percent per annum until 2027 in the base scenario. Rheinmetall is excellently positioned for the armaments cycle in Europe, he wrote in his assessment published on Monday. The potential would increase if Germany and NATO were to increase their budgets.

Monday: Stock market dates, economic data, quarterly figures

• ex-dividend of individual stocks

Meta Platforms (A) USD 0.50

Merck & Co USD 0.81

• Quarterly figures / company dates Europe

08:00 Hennes & Mauritz sales 4Q

10:30 Volkswagen: 5th round of negotiations between VW and IG Metall, works council on the 2024 collective bargaining round and plant closures

• Economic data

08:00 LT: ECB President Lagarde, press conference with Governing Council member Simkus

09:15 FR: Purchasing Managers' Index/PMI non-manufacturing (1st release) December Forecast: 46.5 Previous: 46.9 Total Purchasing Managers' Index (1st release) Forecast: 45.8 Previous: 45.9

09:15 FR: Purchasing Managers' Index/PMI manufacturing (1st release) December FORECAST: 43.0 PREVIOUS: 43.1

09:15 LT: ECB President Lagarde, keynote speech at Lithuanian central bank conference (09:30 panel participation)

09:30 DE: Purchasing Managers' Index/PMI non-manufacturing (1st release) December FORECAST: 49.3 PREVIOUS: 49.3 Total Purchasing Managers' Index (1st release) FORECAST: 47.3 PREVIOUS: 47.2

09:30 DE: Purchasing Managers' Index/PMI manufacturing (1st release) December FORECAST: 43.0 PREVIOUS: 43.0

10:00 EU: Purchasing Managers' Index/PMI non-manufacturing Eurozone (1st release) December FORECAST: 49.4 PREVIOUS: 49.5

10:00 EU: Purchasing Managers' Index/PMI manufacturing euro area (1st release) December FORECAST: 45.0 PREVIOUS: 45.2 Total Purchasing Managers' Index (1st release) FORECAST: 48.3 PREVIOUS: 48.3

10:00 EU: ECB, results of the monetary policy analyst survey

10:30 UK: Purchasing Managers' Index/PMI non-manufacturing (1st release) December FORECAST: 51.0 previous: 50.8 | Purchasing Managers' Index/PMI Manufacturing (1st release) December FORECAST: 48.5 previous: 48.0

14:30 US: Empire State Manufacturing Index December FORECAST: 5.8 PREVIOUS: 31.2

15:45 US: Purchasing Managers' Index/PMI Service (1st release) December PROGNOSE: 56.7 PREVIOUS: 56.1

15:45 US: Purchasing Managers' Index/PMI Manufacturing (1st release) December FORECAST: 49.6 PREVIOUS: 49.7

Earnings next week.

Not much will happen before the holidays.

$RCAT
$GIS (-1.28%)
$MU (+2.58%)
$LEN (-1.16%)
$ACN
$CTAS (+0.17%)
$DRI (+1.58%)
$PAYX (+0.65%)
$NKE (-6.85%)
$FDX (-8.08%)
$CCL (+4.78%)

But very interesting companies that might be found in one or the other portfolio here.

A successful week before the holidays.🙋🏼‍♂️

Earnings next week 🗓️

$MU (+2.58%)

$NKE (-6.85%)

$CCL (+4.78%)

$FDX (-8.08%)

$RCAT

$ACN

$BB (+17.17%)

$LEN (-1.16%)

$DRI

$CTAS (+0.17%)

$MAMA

$FDS (-1.1%)

$GIS (-1.28%)

$HEIA (-1.33%)

$ABM (-2.43%)

$WGO (-4.5%)

$AMTM

$BIRK (+4.23%)

$REE

$TTC

$CAG

$AVO (+3.83%)

$MLKN (-3.6%)

$PAYX (+0.65%)

$KMX (-2%)

$FCEL

$SCHL (-12.44%)

$SCS

$WS (+4.39%)

$LW (-1.58%)

$QIPT

$CMP

$MITK (+2.05%)

$JBL (+2.38%)

$EPAC (-2.54%)

$OGI

$RICK (-0.73%)