Next repeat purchase. $AMD (-0,03 %) 🚀

$AAPL (-3,26 %)
$MSFT (+4,14 %)
$NVDA (+2,01 %)
$AMZN (+0,69 %)
$GOOGL (+2,1 %)
$META (+3,95 %)
$TSLA (+2,01 %)
$AVGO (+3,86 %)
$NFLX (+2,78 %)
$AMD (-0,03 %)

Absolute valuation levels

Above all Microsoft, Nvidia, Google, AMD and Amazon are quoted below their long-term median multiples.

Valuation multiples compared to expected sales growth

If the expected sales growth by analysts over the next 3 years the following picture emerges...

• Per 1% growth, the following appear to be the most important Nvidia, AMD, Google, Meta and Amazon appear the most favorable.

• Apple performs less well here due to its slow growth, but the company is not generally unattractive as an investment, e.g. due to the high buybacks.

• Tesla appears expensive at first glance - however, the forward P/S is currently not excessively high due to the distorted earnings.

• Netflix had a good run and appears somewhat expensive compared to growth, at least on the basis of multiples. The situation is similar for Broadcom.

• Microsoft swims in the midfield.

What do you think of the valuation levels of Mag-7 & Co.

China has quietly and secretly created a "whitelist" of US-made products that are exempt from the 125% punitive tariffs affected companies are informed discreetly and the list remains secret. Reuters

✨ Already known exceptions

• 💊 Active pharmaceutical ingredients
• 🖥️ High-performance microchips
• ✈️ Aircraft turbines
• ⛽ NEW: US ethanes for China's petrochemical industry (Satellite Chemical, Wanhua, etc.).
• Profiteers on the US side: Enterprise Products (EPD), Energy Transfer (ET). Reuters

🧐 Why this is important

Dual strategy: Beijing holds the hard line on foreign policy, but alleviates domestic cost explosions. Reuters

Participation principle: Companies are allowed to report "critical imported goods" - the list could continue to grow.

Impact check: Authorities survey companies to quantify real damage of the tariff spiral.

📈 Possible winners

• US chip suppliers ($NVDA (+2,01 %)
  $AMD (-0,03 %) ) & pharmaceutical players ($LLY (-8,18 %), $JNJ (+0,47 %))
• Ethane export duo $EPD & $ET
• 
  Chinese customers like Satellite Chemical, Sinopec, Wanhua
• GE Aerospace thanks to turbine exceptions

⚠️ Risk: Exemptions are revocable & depend on negotiation progress between Trump administration and Beijing.

#China
#USA
#Zölle
#Aktien
#Chemie
#Halbleiter
#Pharma
#Energy
#getquin

1. jumia $JMIA (+4,72 %) - Long-term potential in the African e-commerce market, currently heavily undervalued with a turnaround opportunity.

2. Celsius Holdings $CELH - Fast-growing company in the energy drinks segment with solid fundamentals and expansion plans.

3. AMD $AMD (-0,03 %) - Attractive valuation compared to competitors, good positioning in the CPU and GPU market, especially with regard to AI and data centers.

Interesting long-term opportunities with increased risk - diversification nevertheless remains important.

$AMD (-0,03 %)

$AMD (-0,03 %) is the performance leader in supercomputers, data centers, consoles, desktops, laptops and AI PCs 🚀

Great marketing, figures and prospects will be exciting ✌️

$AMD (-0,03 %) is currently on support. I bought more, as my original entry was underwater at 39%. Nevertheless, I am optimistic about how the share will develop over the next few years 📈

Where are the trade agreements?

The S&P 500 has now lost 2.5 trillion US dollars since its high on April 9 after the 90-day tariff break. Current level-3% drop.

While the markets are waiting for trade agreements, Japan has said today that it will "not simply give in further" in the US tariff talks.

TECHNOLOGY STOCKS TODAY:

1. tesla, $TSLA (+2,01 %) : -7%

2. nvidia, $NVDA (+2,01 %) : -6%

3. broadcom, $AVGO (+3,86 %) : -4%

4. meta, $META (+3,95 %) : -4%

5. amazon, $AMZN (+0,69 %) : -4%

6. Robinhood, $HOOD (+0,39 %) : -3 %

7. AMD, $AMD (-0,03 %) : -3 %

8. alphabet, $GOOG (+2,04 %) : -3 %

9. Microsoft, :, $MSFT (+4,14 %) -2%

10. palantir, $PLTR (+4,09 %) : -2%

The Nasdaq has officially re-entered bear market territory and is now 20% below its recent high.

You can't make this stuff up:

The S&P 500 has now lost $750 billion in market capitalization since Trump started calling Fed Chairman Powell "Mr. Too Late" this morning.

This will indeed be a dark red chart tomorrow when we get the data reconciliation here.