Price decline

OPEC+ countries

Brent futures curve

Oil supply

Kazakhstan

tariff war

Price target

Link: https://shorturl.at/asfT7

$SHEL (+1,04%)
$TTE (+0,6%)
$CVX (+2,81%)
$XOM (+2,72%)
$BP. (+1,3%)
$OXY (+2,02%)
$SLB (+2,32%)
$2222
$ENI (+0,83%)

"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 (+2,81%)
Matador Resources, $CVE (+3,21%)
Cenovus Energy, $AA (+0%)
Alcoa and $DVN (+3,24%)
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 (+3,59%)
Amazon, $GOOGL (+3,98%)
Alphabet, $MSFT (+0,93%)
Microsoft, $META (+2,82%)
Meta and $ISRG (+0,24%)
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 (+2,32%)
Schlumberger, $COP (+2,39%)
Conocophillips, $RIO (-0,1%)
Rio Tinto and $OXY (+2,02%)
Occidental Petroleum with a potential of between 25 and 30 percent.

Also $WMT (+0,17%)
Walmart is also on the list; analysts see a price potential of 27 percent for the retailer. For the conglomerate $DHR (+2,51%)
Danaher experts expect 25 percent and the railroad company $CNR (-0,14%)
Canadian National Railway is also at the top of the list.

Source (excerpt): WELT / Graphic: ChatGPT

In the still young year, the DAX has already recorded 16 record highs, the last one only yesterday. Most other stock market indices are also close to their all-time highs.

Where can you still invest now?

Handelsblatt experts have analyzed 1,000 stocks worldwide and identified 15 recommendations in three categories:

• Five shares of companies that are growing strongly over the long term but are still reasonably valued

$FTNT (+1,99%) Fortinet | $NOVO B (+3,18%) Novo Nordisk | $GDDY (+1,9%) GoDaddy | $PLD (+1,36%) ProLogis | $NOW (+1,82%) Service Now

• Five shares of companies that have been paying rising dividends for at least 20 years thanks to their earnings power

$PEP (-0,38%) PepsiCo | $CVX (+2,81%) Chevron | $FPE Fuchs Petrolab | $NWN (+0%) Northwest Natural Holding | $SAN (+1,7%) Sanofi

• Five shares of companies that have plummeted on the stock market but have an intact business model and turnaround potential

$SLB (+2,32%) Schlumberger | $BIIB (+1,94%) Biogen | $GPN (+1,6%) Global Payments | $MAKSY Marks & Spencer | $VOW (-0,37%) Volkswagen

Detailed analysis can be found at "Handelsblatt"

Source: Handelsblatt | Image: ChatGPT

$SLB (+2,32%)

Petrobras awards integrated services contract for all offshore fields in Brazil $PETR3 (+3,25%)
$PETR4 (+1,8%)

Following a tendering process, the energy technology company SLB $SLB (+2,32%) has been awarded a new contract with Petrobras to provide integrated services for all its offshore fields in Brazil.

SLB will oversee the construction of more than 100 deepwater wells, utilizing advanced drilling, cementing and drilling fluid technologies on up to nine ultra-deepwater rigs.

Services will be provided primarily in the Campos, Santos and Espírito Santo basins, as well as other Petrobras-operated fields, including exploratory wells.

Work is also planned in the Equatorial Margin, subject to the approval of exploration licenses within the three-year contract period starting in April 2025.

"This contract builds on our previous work with Petrobras in all offshore basins and introduces new technologies that improve both operational and environmental efficiency," said Wallace Pescarini, President of the Offshore Atlantic Basin at SLB.

Technologies to be deployed under the contract include transitional technologies such as SLB's Ora intelligent wireline formation testing platform and SpectraSphere fluid mapping-while-drilling service.

The Ora platform enables real-time reservoir characterization, while SpectraSphere is used for pressure measurements, downhole fluid analysis and sampling while drilling.

Detailed oil price analysis 🛢️⛽️

Oil demand

China, Europe & USA

Slowing momentum

Peak in fuel demand

Rising production capacities

Impending oversupply

OPEC+

Link: https://www.ideas-magazin.de/2024/ausgabe-270/maerkte/peak-oil-auf-der-nachfrageseite-zuerst/?utm_source=techaktien-instagram&utm_medium=influencer&utm_content=aktie&utm_campaign=ideas-magazin

#FinX
#Aktien
#Öl
#Benzin
$SHEL (+1,04%)
$GB00B03MM408
$RDS.A
$BP. (+1,3%)
$XOM (+2,72%)
$CVX (+2,81%)
$SLB (+2,32%)
$OXY (+2,02%)
$APA (+2,95%)
$TTE (+0,6%)
$ENI (+0,83%)
$GAZP

📣 All these stocks hit new 52 WEEK LOWS at some point today

📣 All these stocks hit new 52 WEEK LOWS at some point today

Boeing $BA (+1,33%)

Chevron $CVX (+2,81%)

Occidental $OXY (+2,02%)

$ETSY (+1,22%)

Mobileye $MBLY

$APA (+2,95%)

Bath & Body Works $BBWI (+0,75%)

Franklin Resources $BEN (+0,37%)

Cleveland Cliffs $CLF (+7,27%)

Conoco $COP (+2,39%)

Coterra $CTRA (+2,85%)

Devon Energy $DVN (+3,24%)

Estee Lauder $EL (+1,7%)

Equinor $EQNR (+1,37%)

GlobalFoundries $GFS (+1,01%)

Halliburton $HAL (+3,15%)

Hess $HES

Nucor $NUE (+3,39%)

Mosaic $MOS

Schlumberger $SLB (+2,32%)

Stellantis $STLAM (+2,26%)

Top Golf $MODG (+5,33%)

Dave & Bysters $PLAY

The upcoming events for next week:

Monday

• Charles Schwab ($SCHW (+1,18%) ) and Equity Lifestyle Properties ($ELS (-0,91%) ) publish quarterly figures.
• The NY Empire State Manufacturing Index for October is published.

Tuesday

• Johnson & Johnson ($JNJ (+1,19%) ), Bank of America ($BAC (+1,84%) ), Lockheed Martin ($LMT (+1,37%) ) publish quarterly reports.
• Important economic data for September, including Retail sales and industrial productionare published.

Wednesday

• Tesla ($TSLA (+6,14%) ), Procter & Gamble ($PG (+1,12%) ), Netflix ($NFLX (-0,38%) ) and other companies submit their quarterly reports.
• Information on construction starts and building permits for September will be announced.
• The Federal Reserve's Beige Book is published.

Thursday

• Companies like Taiwan Semiconductor Manufacturing Co.. ($TSM (+1,13%) ) and Philip Morris International ($PM (+0,75%) ) report their quarterly earnings.
• Important economic data, including the Philadelphia Fed Manufacturing Index and the Existing Home Sales Report for September, are released.

Friday

• American Express ($AXP (+2,63%) ), Schlumberger
  NV ($SLB (+2,32%) ) and other companies publish their quarterly figures.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗡𝗲𝘁𝗳𝗹𝗶𝘅 𝗿𝗮𝘂𝘀𝗰𝗵𝘁 𝗮𝗯 / 𝗭𝗮𝗹𝗮𝗻𝗱𝗼 𝗸𝗮𝘂𝗳𝘁 𝗲𝗶𝗻 / 𝗖𝗿𝘆𝗽𝘁𝗼.𝗰𝗼𝗺 𝗯𝗲𝘇𝗮𝗵𝗹𝘁

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, among others, Schlummberger N. V. ($SLB (+2,32%)) and Ally Financial Inc ($ALLY (+3,35%)) present their quarterly figures.

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, among others, Colgate - Palmolive Co ($CL (+0,19%)) and Kaiser Alumiium Corp ($KALU (+1,85%)) are trading ex-dividend.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Netflix ($NFLX (-0,38%)) - The streaming pioneer Netflix had to accept heavy losses yesterday. After-hours, the stock fell up to - 20%. The reason was the disappointing user growth in the quarterly figures reported yesterday. At first glance, the figures did not look bad, as earnings were above expectations and revenue was in line with expectations. However, for the streaming service, the most important metric is user growth, Netflix only recorded 8.3 million new subscribers in Q4 2021 instead of the predicted 8.5 million. The outlook was also disappointing, with user growth of just 2.5 million in the first quarter of 2022.

Zalando ($ZAL (-0,66%)) - DAX 40 company Zalando wants to launch a share buyback program worth 200 million euros. In total, up to 2.2 million own shares are to be repurchased. The purchased shares are to be used mainly for stock option programs for employees and members of the Management Board.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

Crypto.com - Following the hacking attack on the crypto exchange Crypto.com, the company has now announced that they will pay for all damages. According to the company's statements, all damaged have already been fully compensated. Additionally, the CEO made the following statement regarding the security of the trading platform, "We invest heavily in cyber security and have more than 200 experts who have built a very robust infrastructure over the past few years."

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