But no purchase of Scandinavian shares without @Raketentoni and asking Mr. Prompt. What do you think $NORBT (+7,02 %) ?

Hello my dears,

the love @yngfinn has asked me how I find shares. I would like to share my answer with you.

@yngfinn

Hello my dear,

as I have enough positions in my portfolio at the moment, I am no longer looking so intensively for new companies. I don't trade and am more long-term oriented.

My approach is quite different.

By sector:

I often look at which sectors and areas are currently on the move. Or what the areas of the future are, such as robotics, defense and aerospace, AI, etc.

But I also look at which sectors and countries in my portfolio are undervalued.

Or also in which sectors I see a need to catch up because they have been driven down unjustifiably. Like the healthcare sector, for example 🍊.

I watch reports and documentaries. Like exploring the oceans and seas. And discovering Kraken Robotic $PNG (-5,18 %) and Norbit $NORBT (+7,02 %) .

https://getqu.in/Ey45a0/

After Powel's speech on Friday, for example, it would now make sense to look for real estate and homebuilders. Like Buffet did with his stock Dr. Horten $DHI (+0,24 %) .

Unfortunately, the ongoing wars show the importance of drones and drone defense.

But also the increasing importance in agriculture (I have already written a post about this).

https://getqu.in/SdXvMm/

In the end, my choice here was $AVAV (-0,24 %) AeroVironment. And the contract manufacturer $KIT (-6,81 %) Kitron.

In the future-oriented robotics sector, I don't really want to invest in overvalued stocks such as $TSLA (+3,02 %) Tesla or the contract manufacturer $JBL (-0,38 %) Jabil. I see Japan as very innovative here. As shown by $7012 (+3,17 %) Kawasaki shows. This is how I discovered the blade supplier $6481 (+1,66 %) THK (there was a post from me about this).

https://getqu.in/fZudqX/

By country:

When Iran attacked Israel, I took advantage of the dip and picked Israeli stocks.

For example, I discovered Gilat $GILT (+1,62 %) for example.

But as a long-term investor, I still see the USA in the lead. I also like to take a look at small and mid caps.

But I also often look at countries that are not quite so much in focus. Scandinavia or Italy.

I have found $LTMC (+0,15 %) Lottomatica and $CAMX (+3,72 %) Camurus.

I often only look at the companies by momentum from the various indices in these countries.

By company:

I also often look at which companies are currently the stars on the stock market. Like Rheinmetall, for example, but then I don't go into the overvalued shares, but look for suppliers, i.e. blade suppliers. That's how I came across Kitron $KIT (-6,81 %) for example. Kitron as a contract manufacturer for the defense sector.

Or when Novo Nordisk was still a star, I discovered the Novo supplier $YPSN (+1,77 %) discovered.

Nvidia supplier $HY9H (+6,7 %) sk Hynix.

Where is the capex of the companies going?

Based on this question, I came across the AI infrastructure companies $IESC (+0,53 %) IES Holding and $VRT (+2,56 %) Vertiv.

The weakness of one company makes other companies strong.

The weakness of Boeing makes $AIR (+1,32 %) and $ERJ (-0,84 %) strong. That's how I came across Embraer and $MTX (+1,11 %) MTU.

https://getqu.in/4hiSbt/

Research and reports, such as on coinbase $COIN (+5,35 %) (CAUTION never buy based on a story).

https://getqu.in/OIiwhP/

Good company figures with a growth story could also be a reason. As for example with $GILD (+0,36 %) Gilead.

https://getqu.in/iF8BDY/

Takeover fantasies:

Takeover rumors usually mean that the share price of the company to be taken over rises.

As was the case with $AWE Alphawave was the case.

https://getqu.in/1NPNWI/

Or with Iveco $IVG (-0,3 %)

https://getqu.in/WJnLFp/

https://getqu.in/VnK4Xk/

CAUTION: Something can always go wrong here and send the share price plummeting.

I experienced this myself with i robot when the UK did not agree to a takeover by Amazon.

No matter in which area. My approach is usually to pick out the momentum stocks. I then look at the multiples, news, order situation and, of course, the company.

Compounders and long-term runners:

In my core, I only invest in quality stocks with a moat.

Here it makes sense not to buy at the ATH, but on the dip.

Multiples:

What is important to me with multiples:

-profitable company, or in the next year

Profitable.

Preferably double-digit profit growth with a falling P/E ratio.

-Percentage profit growth is higher than sales growth.

-good and rising EbiT margin.

-PEG below or around 1

-increasing free cash flow taking into account capex.

My dears,

I hope my brief summary of my approach perhaps offers you a little added value.

Please let me know in the comments.

Suggestions for improvement are also welcome. 😘😘

As announced, here's a little update on January today, nothing long, don't want to bore you

Yield

Yield: 6.82% (FTSE All World: 4.23%)

TTWROR: 7.29%

Thus slightly outperformed, hopefully I can extend this lead further

transactions

Sales:

• Shimano $7309 (-0,47 %)
• 
  Medpace $MEDP (+3,41 %)
• 
  Apple $AAPL (-0,61 %)
• 
  Domino's Pizza $DPZ (+0 %)
• 
  McDonald's $MCD (-0,89 %)

Purchases

• Norbit $NORBT (+7,02 %) (subsequent purchase)
• Frosta $NLM (+3,78 %) (initial purchase)
• RCS Mediagroup $RCS (+0,21 %) (initial purchase)
• Uber Technologies $UBER (+0,44 %) (initial purchase)
• Sanlorenzo $SL (+1,35 %) (initial purchase)
• Charles River Labs $CRL (+0,2 %) (subsequent purchase)
• Simply Better Brands $SBBC (initial purchase)

Looks like a lot of back and forth for now, but with this my portfolio conversion continues and will soon be completed