Which German shares did you buy and how did they perform?#dax
#dax40
#deutschland
$SAP (+2,15 %)
$RHM (+1,23 %)
$MUV2 (+4,57 %)
$ALV (+0,95 %)
$ADS (+3,65 %)
$DE000A0PNN47
$VOW (-0,15 %)
$MBG (-0,13 %)
$P911 (-2,61 %)
$PAH3 (-1,18 %)
$BMW (+0,46 %)
$DTE (-1,51 %)
$DHL (-1,02 %)
$DB1 (+0,77 %)
$DBK (+0,11 %)
$RHM (+1,23 %)
$AIR (+0,83 %)
$LYY7 (+0,85 %)

⬆️⬆️⬆️

- EXANE BNP raises the price target for ALLIANZ SE from EUR 271 to EUR 295. Underperform. $ALV (+0,95 %)

- BARCLAYS raises the target price for AIRBUS from EUR 166 to EUR 200. Overweight. $AIR (+0,83 %)

- UBS raises its price target for SAP from EUR 237 to EUR 283. Buy. $SAP (+2,15 %)

- BERENBERG raises the price target for LVMH from EUR 695 to EUR 720. Buy. $MC (+2,06 %)

- EXANE BNP raises the target price for MUNICH RE from EUR 550 to EUR 560. Outperform. $MUV2 (+4,57 %)

- RBC raises the target price for SIEMENS from EUR 205 to EUR 225. Outperform. $SIE (+1,59 %)

- CITIGROUP raises the price target for STELLANTIS from EUR 12.40 to EUR 13. Neutral. $STLA

- KEPLER CHEUVREUX raises the target price for DOUGLAS from 28.60 EUR to 29.90 EUR. Buy. $DOU (-0,49 %)

- CITIGROUP raises the target price for DWS from EUR 43 to EUR 44.70. Buy. $DWS (+0,89 %)

- CITIGROUP raises the price target for FRAPORT from EUR 62 to EUR 72. Buy. $FRA (+0,32 %)

- UBS upgrades AMADEUS IT from Neutral to Buy and raises target price from EUR 67 to EUR 80. $AMS (+0,22 %)

- DEUTSCHE BANK RESEARCH raises target price for PHILIPS from EUR 25 to EUR 26. Hold. $PHIA (+1,21 %)

- DEUTSCHE BANK RESEARCH raises the target price for MAN GROUP from GBP 2.65 to GBP 2.75. Buy.

- GOLDMAN raises the target price for RIO TINTO from GBP 67 to GBP 73. Buy. $RIO (-0,73 %)

- JEFFERIES raises the price target for SIEMENS ENERGY from EUR 31 to EUR 50. Hold. $ENR (+6,76 %)

- RBC raises the target price for SCHNEIDER ELECTRIC from EUR 195 to EUR 210. $SU (+3,24 %) Underperform.

- EXANE BNP upgrades HANNOVER RÜCK from Neutral to Outperform and raises target price from EUR 265 to EUR 285. $HNR1 (+3,45 %)

⬇️⬇️⬇️

- DEUTSCHE BANK RESEARCH lowers the price target for NOVO NORDISK from DKK 1000 to DKK 900. Buy. $NOVO B (+0,86 %)

- BOFA lowers the target price for RWE from EUR 44 to EUR 42. Buy. $RWE (-1,8 %)

- JPMORGAN lowers the price target for NETFLIX from USD 1010 to USD 1000. Overweight. $NFLX (+1,34 %)

- MORGAN STANLEY lowers the price target for SYMRISE from EUR 137 to EUR 130. Overweight. $SY1 (-0,53 %)

- KEPLER CHEUVREUX lowers the target price for REDCARE PHARMACY from EUR 145 to EUR 138. Hold. $RDC (-0,42 %)

- WARBURG RESEARCH lowers the target price for BECHTLE from EUR 51 to EUR 45. Buy. $BC8 (-1,48 %)

- STIFEL downgrades WACKER CHEMIE from Buy to Hold. $WCH (-2,48 %)

- RBC lowers the price target for DAIMLER TRUCK from EUR 55 to EUR 51. Outperform. $DTG (+0,53 %)

Last year, there was a distinct lack of snow in December. Instead, the portfolio did really well and I made progress with my crypto sell-off strategy. A small cold in the fall, despite taking good precautions, set me back in terms of ice bathing and hiking, but fortunately I was healthy again by Christmas. Unfortunately, that wasn't all... Time for a look back.

I present the following points for the past month of December 2024:

➡️ SHARES

➡️ ETFS

➡️ DISTRIBUTIONS

➡️ CASHBACK

➡️ AFTER-PURCHASES

➡️ P2P CREDITS

➡️ CRYPTO

➡️ WHAT IS REALLY IMPORTANT

➡️ OUTLOOK

➡️ Shares

$AVGO (+2,36 %) is back on the tube. Wow, at +276%, the stock is now up for me. After the share cooled down a little, it went to the moon again in December.

$NFLX (+1,34 %) and $SAP (+2,15 %) are on a par with the previous month in terms of performance and are still in 3rd and 4th place in terms of volume. $WMT (+0,04 %) . The retail chain will soon become a doubler for me.

The red lanterns will once again go to the usual suspects $NKE (+0,14 %) , $DHR (-0,3 %) and $CPB (-0,36 %) . In terms of performance, all three stocks are down between -30% and -20%. They are the smallest positions in my main share portfolio with the $DHL (-1,02 %) However, across all portfolios, the smallest positions are the new additions $SHEL (+0,38 %) and $HSBA (-0,6 %) .

➡️ ETFs

The ETFs are doing their thing as usual. This month, I immediately invested a refund from the previous year's utility bill in the $GGRP (+0,28 %) and $JEGP (-0,72 %) invested. I'm always expanding this asset class in particular with cash inflows. I don't care about timing. The money should go into the assets so that the stream of distributions keeps growing. I buy income and want cash flow.

➡️ Distributions

I received 34 distributions on 14 payout days in December. I am grateful for this additional income stream. My minimum target has been met anyway in this high-distribution month. The snowball rolling down the slope is getting bigger and bigger.

I already donated part of the dividend at the beginning of the month. This is based on the conviction that you can (and should) give something back, no matter how small, if you have the opportunity to do so.

➡️ Cashback

In November, I received €6 from redeemed Payback points, the equivalent of which I transferred from my grocery account to my settlement account. As already mentioned, there was also a credit from the utility bill. REWE and Penny have now separated from Payback, while Edeka, Netto Markendiscount and Marktkauf have joined. All three new stores are not in my immediate vicinity, which is why I will earn fewer Payback points in future. I will most likely collect the points mainly at DM. REWE and Penny now have their own bonus programs. REWE's will be exciting, as I can also save up credit with my purchases. I will deduct this discount from my grocery account and invest it in the same way as before. I'll see over the year whether it pays off more than Payback did back then.

➡️ Subsequent purchases

As already mentioned, there were additional purchases at $JEGP (-0,72 %) , $GGRP (+0,28 %) and $SPYD (-0,84 %) . I always invest every little return or leftover money to further increase my portfolio. This buys me freedom.

➡️ P2P loans

I was finally able to get rid of Peerberry. Now only Mintos is hanging on my leg like a log. A mid-double-digit amount, which has long since defaulted, is still waiting to be refunded or written off.

This asset class will soon be history for me.

➡️ Crypto

All in all, December was another exciting month for crypto investors. Limit orders were triggered again for me. The last tranches $LINK (-3,95 %) have left me, as has a first tranche $UNI (-1,52 %) and a first tranche $BTC (-0,97 %) . I have invested the proceeds in $HSBA (-0,6 %) and $SHEL (+0,38 %) invested in the separate portfolio. I have already explained my underlying strategy in detail, which you can read about in my articles. Recently, the crypto market has been in a sideways phase again. I'm hoping for another breakout in January to trigger further limit orders, as I still need to buy a security so that the separate portfolio pays me a return each month. So far, only two out of three quarterly months are covered. The two new stocks have even performed well in this short period of time, gaining around +3.6% within a month. The last purchase will perhaps be an ETF. You will see more about this in the coming reviews. I am already looking forward to collecting again in the coming bear market and will then certainly write an extra post with the levels at which I will gradually enter again.

➡️ What is really important

I remember December as a good month in financial terms, but unfortunately Christmas was overshadowed by tragic events this time.

After recovering from my cold at the beginning of the month a few days before Christmas Eve and getting back to my daily routine (consisting of work, running, ice swimming, hiking and my love of finance), I received the terrible news from Magdeburg. I am simply stunned and ask myself "why?". I am not affected, I am not one of the bereaved and I don't know any of the victims, the wounded or the bereaved personally, yet this event brought me down on the evenings around the Christmas holidays. Loyal readers know that I am working on a closer relationship with my ex's kids. Even though my blood doesn't run through their veins, questions ran through my mind about what if they were affected by the horrific act, or me? It could have happened anywhere. At least in the event of my untimely demise, I also made appropriate arrangements in the last few days of the year to ensure that what I leave behind ends up where I want it to be. I spent the turn of the year with the kids and the time I spent with them was the best end to the year imaginable. It's nice when connections continue to exist and you remain part of the life of the Kampfzwerge and can continue to accompany them through life.

➡️ Outlook

New year, new luck. I'll be surprised what the new year will bring. There will be a separate post for the evaluation of 2024 as a whole. I'm particularly happy because I exceeded an important goal despite a few expenses.

Links:

Social media links can be found in my profile, you can also check out the Instagram version of my review.

Sorry, but nothing can justify this new rise! I'm happy to take >30% profit, but the next price slide is sure to come. I'll be happy to get back in in the future when the optimism is reflected in the business figures and the P/E ratio is humane again.

Let's go.

Interview with Clemens Fuest - Germany on the brink? Ifo President finds: "Elon Musk is talking nonsense"

The German economy is stagnating and economic output is not rising above the 2019 level. That is the bitter outcome of a lost half-decade, as Clemens Fuest, President of the Ifo Institute, makes clear in an interview with the FAZ.

"We have real problems," says Fuest, adding that it is not just external circumstances that are weighing on Germany's economy, but also home-grown problems. In this tense economic environment, Fuest voices fierce criticism of Elon Muskthe CEO of Tesla. Musk, known for his sometimes controversial statements and visions, hatte zuletzt Vorschläge gemacht which Fuest describes as "gross nonsense". These proposals relate in particular to Musk's ideas on the industry of the future.

"Germany is not on the brink"

Musk has repeatedly emphasized that Germany must fundamentally change its industrial policy in order to remain competitive. Fuest replied: "Germany is not on the brink, wie er behauptet . Our country is stuck in stagnation, that's something completely different."

Fuest emphasizes in the interview that German economic policy should aim to further promote its strengths. "Depending on the count, there are between 1,000 and 1,500 companies in Germany that are world market leaders in a niche. No other country has this in this form. And that leads to the export strength that continues to characterize Germany."

The Ifo Director calls for political decision-makers in Germany and Europe to rethink and adapt their strategies. "The approach of relying heavily on subsidies to transform the economy" was wrong, he emphasizes. The "traffic light coalition has also failed to find an answer to the decline in investment in companies and housing construction".

"Depending on the count, there are between 1,000 and 1,500 companies in Germany that are world market leaders in a niche. No other country has this in this form. And that leads to the export strength that continues to characterize Germany."

My dears, which world market leaders can you think of here? And which German niche companies are you counting on?

$SIE (+1,59 %)
$MUM (+1,52 %)
$SAP (+2,15 %)
$AIXA (+1,59 %)
$ADS (+3,65 %)
$RR. (+3,05 %)
$FRE (+0,36 %)

Interview mit Clemens Fuest - Deutschland am Abgrund? Ifo-Präsident findet: „Elon Musk redet groben Unfug“

- ECB & Fed key rate cuts

- Government bond and foreign exchange markets

- The economy

- Trump

- Corporate profits

- Earnings revisions

- Valuations

- Dividend increase

- Auto sector

- Volatility

Link: https://www.ideas-magazin.de/2025/ausgabe-273/titelthema/?utm_source=techaktien-instagram&utm_medium=influencer&utm_content=titelthema&utm_campaign=ideas-magazin

#dividende
#dividenden
#2025
#sap
$SAP (+2,15 %)
$MURGY
$ALV (+0,95 %)
$VOW (-0,15 %)
$RHM (+1,23 %)
#aktien #stock market

Good evening,

I have just come across the ETF $IEFM (+0,91 %) (actually $CEMR, but unfortunately it is not shown here) (Edge Europe Momentum EUR (Acc)) and it seems very interesting to me as it covers the European market. Over the long term, the ETF has had nice growth and the individual companies such as $SAP (+2,15 %) , $ASML (+2,18 %) , $NOV (-0,42 %) but also $RACE (-0,86 %) I like very much. In $SAP (+2,15 %) I am also already invested. However, I am currently also investing in other ETFs such as the $VWCE (+0,09 %) the $IGLN (+0,47 %) , the $DFEN (-0,37 %) , the $VHYL (-0,49 %) (actually $VGWD but it is not shown here either) and the $QDV5 (-0,35 %) . Would it be worthwhile to include the $IEFM (+0,91 %) in my savings plan and thus increase the European share in my portfolio? What do you think of the ETF?

1/3 tranches and one of two new shares

The FED interest rate decision is today at 8 pm + Ceconomy targets significantly higher operating profit + Jefferies ranks SAP among 'Top Picks' in Europe - 'Buy'

The Fed is expected to cut the key interest rate by a further 25 basis points.

cut. "More exciting than the interest rate decision itself is the update of the Fed's

the Fed's forecasts for 2025, 2026 and 2027," wrote market expert

Thomas Altmann from QC Partners. So far, the central bank has avoided

Donald Trump's election as the next US president. But now

Fed members could no longer avoid discussing the effects of Trump's economic

economic policy on inflation, growth and the key interest rate.

Ceconomy $CEC (-0,93 %)with new dividend policy

• The MediaMarkt and Saturn parent company Ceconomy intends to earn significantly more operationally in the new financial year.
• It is also realigning its dividend policy. In future, 10 to 25 percent of earnings per share will be passed on to shareholders, the SDax company announced on Wednesday.
• In previous years, there was nothing as a result of the Convergenta transaction.
• Earnings per share (EPS) for the completed financial year 2023/24 amounted to 16 cents after a loss of 8 cents in the same period of the previous year.
• The new target for the payout ratio, which is significantly lower than the previous one, and earnings per share result in a dividend of between 1.6 and 4 cents for the 2023/24 financial year. Analysts surveyed by Bloomberg had previously expected a dividend of 7.5 cents on average.
• Ceconomy last paid a dividend of 17 cents for the 2020/21 financial year.
• Thanks to strict cost control, Ceconomy was back in the black in the past financial year: Net profit amounted to 77 million euros. In the previous year, the company had posted a loss of 37 million euros.
• However, analysts had hoped for more.

SAP $SAP (+2,15 %)a top pick for 2025?

• The analyst firm Jefferies ranks SAP among the "top picks" in Europe for 2025.
• As analyst Raj Jilka wrote in a strategy study published on Tuesday, the general argument for investors to invest in the USA in the coming year is well known.
• However, the difference in valuation compared to European companies is simply too great to ignore.
• Against this backdrop, the expert left SAP at "buy" with a target price of 255 euros.
• The software group is in the middle of a sustainable product cycle, which will enable it to escape the generally difficult environment for IT spending.

Wednesday: Stock market dates, economic data, quarterly figures

• ex-dividend of individual stocks

Salesforce USD 0.40

• Quarterly figures / company dates Europe

07:00 Ceconomy detailed annual results

09:00 Ceconomy analyst conference

11:00 Birkenstock quarterly figures | Ceconomy PK

• Economic data

08:00 DE: Manufacturing orders on hand and backlog October | Building permits February

08:00 UK: Consumer prices November Forecast: +0.2% yoy/+2.6% yoy Previous: +0.6% yoy/+2.3% yoy Core Forecast: +0.1% yoy/+3.5% yoy Previous: +0.4% yoy/+3.3% yoy

11:00 EU: Consumer prices November Eurozone PROGNOSE: -0.3%gg FM/+2.3% yoy Previous estimate: -0.3%gg FM/+2.3% yoy Previous estimate: +0.3%gg FM/+2.0% yoy Core rate PROGNOSE: -0.6%gg FM/+2.7% yoy Previous estimate: -0.6%gg FM/+2.7% yoy Previous estimate: +0.2%gg FM/+2.7% yoy

14:30 US: Housing starts/permits November housing starts FORECAST: +2.2% yoy previous: -3.1% yoy Building Permits FORECAST: +1.0% yoy previous: -0.6% yoy

14:30 US: Current account 3Q FORECAST: -286.6 bn USD 2nd quarter: -266.8 bn USD

16:30 US: Crude oil inventory data (week) from the Energy Information Administration (EIA) December

20:00 US: Fed, outcome of FOMC meeting Fed funds target rate FORECAST: 4.25% to 4.50% Previous: 4.50% to 4.75%

20:30 US: Fed Pk