"A bit of stagnation - and above all more inflation" is the title of the Bank of America economists' new forecast.

In such a scenario, companies with pricing power are in demand, i.e. those that can pass on rising costs to customers. These are companies that are already making good profits today and not in the too distant future. Their profits will not be greatly affected by higher interest rates. The companies must not be too cyclical; after all, they must also be able to withstand an economic slowdown.

The investment bank Goldman Sachs has compiled a list of 102 stocks that can still hold their own in a stagflation.

Analysts see the greatest price potential in commodity companies such as $MTDR (-13,15 %)
Matador Resources, $CVE (-12,28 %)
Cenovus Energy, $AA (-6,12 %)
Alcoa and $DVN (-12,91 %)
Devon Energy. The average price target for these stocks is around 40 percent above the current value. They are followed by tech companies such as $AMZN (-3,47 %)
Amazon, $GOOGL (-2,74 %)
Alphabet, $MSFT (-2,36 %)
Microsoft, $META (-4,44 %)
Meta and $ISRG (-8,5 %)
Intuitive Surgical. The professionals put the potential here at at least 30 percent. This is followed by other commodities and media groups such as $SLB (-10,7 %)
Schlumberger, $COP (-9,29 %)
Conocophillips, $RIO (-6,32 %)
Rio Tinto and $OXY (-7,71 %)
Occidental Petroleum with a potential of between 25 and 30 percent.

Also $WMT (-3,92 %)
Walmart is also on the list; analysts see a price potential of 27 percent for the retailer. For the conglomerate $DHR (-7,55 %)
Danaher experts expect 25 percent and the railroad company $CNR (-0,97 %)
Canadian National Railway is also at the top of the list.

Source (excerpt): WELT / Graphic: ChatGPT

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗜𝗣𝗢𝘀 🔔

Sono Motors - The company wants to accelerate the solar-powered automotive industry. Their solar-electric car Zion already has 16,000 pre-orders. The vehicles are scheduled to start production in the first half of 2023. So far, the company has posted a loss of $108.8 million, but that is expected to change as deliveries begin.

When it goes public, Sono Motors plans to issue 10 million shares at a price of $14 to $16.

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

Ex-dividend date: American Electric Power ( $AEP (-4,56 %) ), American Water ( $AWC (-2,31 %) ), Dover Motorsports ( $DVD ), Diamondback Energy ( $7DB (-12,31 %) ), Greenbrier Companies ( $G90 (-2,35 %) ), IBM ( $IBM (-5,4 %) ), Matson ( $68M (-1,92 %) ), Matador Resources ( $7MR (-13,15 %) ), Olin Corporation ( $OLN (-8,12 %) ), PPG Industries ( $PPQ (-4,2 %) ), Rollins ( $RLS (-5,83 %) ), Silicon Motion ( $S9M (-5,78 %) ), Tempur Sealy International ( $TPD (-1,43 %) ), WestRock ( $1WR ) and West Pharmaceutical Services ( $WPS (-6,83 %) ).

𝗖𝗵𝗶𝗳𝗳𝗿𝗲𝘀 𝘁𝗿𝗶𝗺𝗲𝘀𝘁𝗿𝗶𝗲𝗹𝘀 📈

Today 1&1 ( $DRI (-9,33 %) ), About You ( $YOU (-0,45 %) ), Alcon ( $2U3 (-7,27 %) ), Associated British Foods ( $ASBFY ), Bakkafrost ( $6BF (-3,81 %) ), Bayer ( $BAYN (-6,12 %) ), DeNA ( $D2N (-5,53 %) ), Fraport ( $FRA (-2,89 %) ), Gilat Satellite Networks ( $GSA (-4,81 %) ), Kirin Holdings Company ( $KNBWY ), Manz AG ( $M5Z (+0 %) ), Medios AG ( $ILM1 (-4,74 %) ), Münchener Rück ( $MUV2 (-6,68 %) ), Nissan ( $NISA (-4,87 %) ), OVB Holding ( $O4B (-3,56 %) ), Porsche ( $PAH3 (-3,65 %) ), Schaeffler ( $SHA ), Swiss Life ( $SLW1 (-6,57 %) ), United Internet ( $UTDI (-7,38 %) ) and Wienerberger ( $WIB (-5,99 %) ) present their figures.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Ceconomy ( $CEC1 ) - The group wants to expand with its Media Markt and Saturn brands and open 35 department stores. Group CEO Wildberger is pursuing the goal of becoming the first omnichannel platform that combines e-commerce and in-store retail. In doing so, he even wants to compete with Amazon ( $AMZ (-3,47 %) ). During Corona, Ceconomy was already able to significantly improve logistics and thus shorten delivery times.

The stores will become smaller and more "smart shops" of 600 to 800 square meters will be built in the city centers, because 33% of the total turnover is already attributable to online trade.

Bayer ( $BAYN (-6,12 %) ) - Bayer was supported by strong demand for seeds and crop protection products as well as over-the-counter medicines in the last quarter. Bayer shares recently rose 2.16 percent to €51.09. There will also be a change at the head of the Crop Science division. Rodrigo Santos will succeed Liam Condon, who terminated his contract early, as COO. In the third quarter, Bayer was able to increase sales for the entire group by almost 15 percent year-on-year to €9.8 billion. In total, the company made a profit of 85 million euros. The profit was depressed by the high costs of restructuring measures.

Elon Musk - The founder of Tesla ( $TL0 (-9,97 %) ), let his fans vote on Twitter whether he should sell ten percent of his Tesla shares. More recently, he has been called upon to pay more taxes to help solve famine problems. Out of just over 3.5 million users, 58 percent voted in favor of a sale. This means that the block of shares to be sold would currently be worth about US$20 billion. Based on this vote, Tesla's share price collapsed by 8.47% to 965.66 euros.

Gazprom ( $SCF ) - After several months of energy crisis and rising prices, the Russian gas company is once again supplying gas to Germany and Austria under pressure from Putin. Gazprom's vice president also said that Russia has no interest in such high gas prices, as it would accelerate the transition to renewable energy in Europe.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

The crypto-currency market's gold rush - Last night, the two leading crypto-currencies Bitcoin ( $BTC-EUR (-0,12 %) ) and Ethereum ( $ETH-USD (+0,19 %) ) were able to reach new all-time highs. Bitcoin was able to set the mark now at $68,642.00 with a daily increase of almost 5%. This brings its market capitalization to $1.28 trillion, with bitcoin managing to leave Tesla ( $TL0 (-9,97 %) ) behind it. Ethereum followed Bitcoin and also hit a new all-time high of $4,857.25. Successes like these have been evident in the market in recent weeks. For example, Cardano ( $ADA-USD (+0 %) ), Ethereum's competitor, gained 12 percent overnight, and Litecoin ( $LTC-EUR (-0,03 %) ), which had long been treading water, rose 20.3 percent in one day. This very strong performance, which can be seen across all crypto-currencies, led to the total market capitalization of all crypto-currencies crossing the US$3 trillion mark for the first time.

Shiba Inu- The co-founder and creator of Dogecoin, the origin of all

"meme coins" explicitly distanced himself from Shiba Inu on Sunday. He also stressed that he himself was not the holder of the coin. Before that, various theories have been circulating that he might be involved in the project.

🤜🏼🤜🏼🤜🏼 @MarketNewsUpdate

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗦𝗼𝗹𝗮𝗿-𝗔𝘂𝘁𝗼 / 𝗔𝗺𝗮𝘇𝗼𝗻𝘀 𝗻𝗲𝘂𝗲𝗿 𝗞𝗼𝗻𝗸𝘂𝗿𝗿𝗲𝗻𝘁 / 𝗕𝗮𝘆𝗲𝗿𝘀 𝗕𝗹𝗶𝗰𝗸 𝗮𝘂𝗳 𝗚𝗲𝘄𝗶𝗻𝗻 / 𝗞𝗿𝘆𝗽𝘁𝗼𝗺𝗮𝗿𝗸𝘁 𝗶𝗺 𝗚𝗼𝗹𝗱𝗿𝗮𝘂𝘀𝗰𝗵

𝗜𝗣𝗢𝘀 🔔

Sono Motors - The company aims to accelerate the solar-powered automotive industry. Their Sion solar-electric car already has 16 thousand pre-orders. Production of the vehicles is expected to start in the first half of 2023. So far, the company has made a loss of $108.8 million, but this is expected to change as deliveries begin.

In going public, Sono Motors plans to issue 10 million shares at a price of $14 to $16.

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, among others, American Electric Power ($AEP (-4,56 %)), American Water ($AWC (-2,31 %)), Dover Motorsports ($DVD), Diamondback Energy ($7DB (-12,31 %)), Greenbrier Companies ($G90 (-2,35 %)), IBM ($IBM (-5,4 %)), Matson ($68M (-1,92 %)), Matador Resources ($7MR (-13,15 %)), Olin Corporation ($OLN (-8,12 %)), PPG Industries ($PPQ (-4,2 %)), Rollins ($RLS (-5,83 %)), Silicon Motion ($S9M (-5,78 %)), Tempur Sealy International ($TPD (-1,43 %)), WestRock ($1WR) and West Pharmaceutical Services ($WPS (-6,83 %)) traded ex-dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, among others, 1&1 ($DRI (-9,33 %)), About You ($YOU (-0,45 %)), Alcon ($2U3 (-7,27 %)), Associated British Foods ($ASBFY), Bakkafrost ($6BF (-3,81 %)), Bayer ($BAYN (-6,12 %)), DeNA ($D2N (-5,53 %)), Fraport ($FRA (-2,89 %)), Gilat Satellite Networks ($GSA (-4,81 %)), Kirin Holdings Company ($KNBWY), Manz AG ($M5Z (+0 %)), Medios AG ($ILM1 (-4,74 %)), Munich Re ($MUV2 (-6,68 %)), Nissan ($NISA (-4,87 %)), OVB Holding ($O4B (-3,56 %)), Porsche ($PAH3 (-3,65 %)), Schaeffler ($SHA), Schloss Wachenheim AG ($SWA (-1,06 %)), Swiss Life ($SLW1 (-6,57 %)), United Internet ($UTDI (-7,38 %)) and Wienerberger ($WIB (-5,99 %)) presented their figures.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Ceconomy ($CEC (-8,51 %)) - The Group plans to expand with its Mediamarkt and Saturn brands and open 35 large stores. Group CEO Wildberger is pursuing the goal of becoming the leading omnichannel platform, combining e-commerce and bricks-and-mortar retail. In doing so, he even wants to compete with Amazon ($AMZ (-3,47 %)) to compete. During Corona, Ceconomy was already able to significantly improve logistics and thus shorten delivery times.

The stores are to become smaller and more "smart stores" with 600 to 800 square meters are to be built in the city centers, as 33% of total sales are already attributable to online retailing.

Bayer ($BAYN (-6,12 %)) - tailwinds provided Bayer with high demand for seeds and crop protection products as well as over-the-counter medicines in the past quarter. Bayer shares recently rose 2.16 percent to 51.09 euros. There will also be a change at the top of the Crop Science division. Rodrigo Santos will take over as COO from Liam Condon, who terminated his contract early. Bayer increased Group-wide sales in the third quarter by nearly 15 percent year-on-year to 9.8 billion euros. The Group posted a total profit of 85 million euros. Profits were depressed by high costs for restructuring measures.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

Crypto market in gold rush - Last night, the two leading cryptocurrencies Bitcoin ($BTC-EUR (-0,12 %)) and Ethereum ($ETH-USD (+0,19 %)) reached new all-time highs. Bitcoin was able to set the mark now at $68,642.00 with a daily increase of almost 5%. This puts its market capitalization at $1.28 trillion, which means bitcoin managed to outpace Tesla ($TL0 (-9,97 %)) behind it. Ethereum followed Bitcoin's lead and also set a new all-time high of $4,857.25. Successes like these have been evident across the market in recent weeks. For example, Ethereum competitor Cardano ($ADA-USD (+0 %)) gained 12% overnight, or even Litecoin ($LTC-EUR (-0,03 %)) was able to grow by 20.3% in one day. This very strong performance, which can be seen across all cryptocurrencies, led to the total market capitalization of all cryptocurrencies breaking through the 3 trillion US dollar barrier for the first time.

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