As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.

Also as a video:

https://youtube.com/shorts/7crHwgH30Bs?si=HeDDRtkMRANq7b_X

Monday:

$F3C (+6,58%) SFC Energy is benefiting significantly from the new billion-euro package. The manufacturer of fuel cells for decentralized power generation generates 10% of its sales in the defence sector. There could now be even more growth potential here.

https://www.deraktionaer.de/artikel/aktien/getarnter-ruestungsgewinner-springt-an-hintergruende-ziele-und-die-naechsten-chancen--20376685.html

The OECD has halved its growth forecast for Germany. Instead of 0.7 %, it is now expected to be just 0.4 % in 2025. A growth package is not enough; approval procedures in particular are hampering investment in Germany. However, the growth package has not yet been included in the forecast as it has not yet been finalized.

https://www.handelsblatt.com/politik/konjunktur/oecd-prognose-nur-mexiko-waechst-schwaecher-als-deutschland/100114282.html

Tuesday:

The price of gold cracks the USD 3,000 mark. This makes the precious metal more expensive than ever before. Despite the historical return of around 2.6% per year (barely above inflation), gold has gained enormously in value, particularly in recent years. Three factors in particular are currently driving prices: uncertainty over trade conflicts, geopolitical risks and massive purchases by central banks.

https://www.handelsblatt.com/finanzen/maerkte/devisen-rohstoffe/geldanlage-gold-knackt-marke-von-3000-us-dollar/100113527.html

Wednesday:

The Japanese central bank leaves its interest rate at 0.5%. However, it announces further interest rate hikes because inflation in Japan remains high.

https://de.investing.com/news/economy-news/bank-of-japan-halt-leitzins-stabil-warnt-aber-vor-steigender-inflation-2921717

The Fed leaves the key interest rate unchanged, but is still planning two rate cuts this year. The Fed thus calms the markets and share prices rise.

https://www.tagesschau.de/wirtschaft/finanzen/marktberichte/marktbericht-boerse-dax-fed-zinsen-gold-oel-tesla-trump-100.html

Thursday:

The SNB (Swiss National Bank) lowers the interest rate to 0.25%. This means that Switzerland is on the verge of introducing negative interest rates again. The reason for the high interest rate differential to other Western countries is the strong franc. Low interest rates are intended to prevent further appreciation.

https://www.handelsblatt.com/finanzen/geldpolitik/schweiz-snb-lockert-geldpolitik-weiter-leitzins-sinkt-auf-025-prozent/100115122.html

While the ECB and SNB have cut interest rates further, the Fed and the BoE are pausing interest rates. This was also expected at the BoE. The BoE left its key interest rate at 4.5%, citing the intensification of trade conflicts.

https://de.marketscreener.com/kurs/index/FTSE-MID-250-INDEX-121229417/news/FTSE-100-gibt-nach-da-die-BoE-wie-erwartet-stillhalt-und-vor-unsicheren-Aussichten-warnt-49387988/

These are the most important dates for the coming week:

Monday: 09:30 Purchasing Managers' Index (DE)

Tuesday: 10:00 ifo Business Climate (DE)

Friday: 00:30 Inflation data (Japan)

Can you think of any other dates? Write it in the comments 👇

#einkaufsmanagerindex
#geschäftsklima
#inflation
#japan

A negative buy-in for a long time, but now took advantage of the hype and went out of $F3C (+6,58%) gone out

Run on defense stocks also drives up SFC Energy + Fed presents economic forecast this week + SAP has introduced a controversial new performance evaluation system

The US Federal Reserve will present new economic forecasts this week that will show how central bankers view the impact of Trump's policies on the economy. Leading
economists have lowered their growth expectations for this year, estimate a higher risk of recession and expect higher inflation as a result of the Trump administration's new import tariffs.

Run on defense stocks also drives SFC Energy $F3C (+6,58%)high

• SFC Energy shares, which are included in the SDax, have recently joined the ranks of the defense stocks favored on the stock market.
• Its fuel cells are also used for military purposes.
• Among other things, the company advertises that its "tactical applications" are "militarily hardened for field use".
• After gaining 11.6 percent on Friday, the share price rose sharply by a further 13 percent to 24 euros on Monday.
• The shares reached a high since May last year.
• Analyst Nicole Winter from Berenberg Bank pointed out last week that SFC Energy generates around 7.5 percent of its sales in the defense business.
• In addition, the company had established a foothold in the USA last year in order to drive forward the defense business there as well.
• Analyst Karsten von Blumenthal from investment firm First Berlin sees SFC Energy as a beneficiary of a fundamentally new geopolitical situation:
• "The changed security situation of the European NATO states should result in significantly higher defense spending in Europe."
• Last year, the defense and public safety segment was already the growth driver for SFC Energy with an increase of 60 percent.
• This also applies to the USA, where SFC Energy has a "traditionally strong position" in the oil and gas, mining and defense and security markets.
• Meanwhile, any import duties could accelerate the company's efforts to build up production in the USA.
• The expert sees upside potential for the shares of up to 31 euros, which would be almost 30 percent of the current price.

SAP $SAP (+9,54%)has introduced a controversial new performance evaluation system

• According to information from Handelsblatt, since the beginning of March, managers at the Group have been asked to classify their team members into three performance categories.
• In addition to the content of their work, in future they will also have to take into account "professional standards", such as how they interact with colleagues.
• The software manufacturer confirmed to Handelsblatt on Monday that "performance management" had recently been introduced in the parent company SE and the international subsidiaries following a pilot project with managers last year.
• "The final steps are still being taken in the national company in Germany."(FAZ)

Tuesday: Stock market dates, economic data, quarterly figures

• Quarterly figures / company dates USA / Asia
• 14:30 The Mosaic Analyst Day
• 16:30 Qualcomm AGM
• 22:00 Adobe Summit 2025 Investor Meeting

• Quarterly figures / Company dates Europe
• 07:00 Fraport | Springer Nature annual results
• 07:45 Eni preliminary annual results
• 09:00 Audi AG annual results
• 10:30 Fraport BI-PK
• 14:00 Fraport Analyst Conference
• 15:00 A.P. Moller-Maersk AGM
• No time specified: Continental Annual Report

• Economic data

08:00 DE: Building permits January

10:00 DE: Bundestag, special session on the second and third reading of the financial packages and on the amendment of the Basic Law

11:00 DE: ZEW Economic Sentiment Index March FORECAST: 45.0 points previously: 26.0 points Economic situation FORECAST: -82.0 points previously: -88.5 points

11:00 EU: Trade Balance January

13:30 US: Housing Starts/Permits February Housing Starts FORECAST: +1.0% yoy previous: -9.8% yoy Building Permits FORECAST: -2.2% yoy previous: +0.1% yoy

13:30 US: Import and Export Prices February Import Prices PROGNOSE: -0.3% yoy previous: +0.3% yoy

14:15 US: Industrial Production and Capacity Utilization February Industrial Production PROGNOSE: +0.3% yoy previous: +0.5% yoy Capacity utilization PROGNOSE: 77.9 previous: 77.8%

No time given: DE: Federal Chancellor Scholz, meeting with French President Macron

As every Sunday, the most important news from the past week, as well as the dates for the coming week.

Also as a video:

https://youtube.com/shorts/yU_UfNQy7OQ?feature=shared

Sunday:

Another crypto theft occurred, this time probably the biggest ever. 1.5 billion dollars were stolen from the crypto exchange Bybit. Although the blockchain is considered secure, access to the individual wallets in which the cryptos are stored is not. As a result, there was a 'bank run' on the exchange as investors lost confidence and withdrew their money.

https://www.handelsblatt.com/finanzen/maerkte/devisen-rohstoffe/krypto-milliarden-diebstahl-schockt-krypto-markt/100109251.html

Monday:

No tailwind for the new federal government in Germany, the ifo business climate index is stagnating. The economy therefore remains a major construction site and urgent action is needed.

https://www.handelsblatt.com/politik/konjunktur/konjunktur-ifo-geschaeftsklima-stagniert-deutsche-wirtschaft-wartet-ab/100109446.html

Tuesday:

Fuel cell specialist$F3C (+6,58%) FC Energy is also forecasting double-digit growth for 2025. In 2024, the company achieved the upper end of the forecast for sales growth (+22.5%). Adjusted EBITDA grew to 22 million euros, exceeding the forecast.

https://www.finanzen.net/nachricht/aktien/auf-wachstumskurs-sfc-energy-aktie-sfc-energy-rechnet-mit-anhaltendem-wachstum-14267631

Wednesday:

Deutsche Telekom $DTE (+5,37%) Deutsche Telekom is on a record course but falls short of the expectations of some analysts. Sales rose by 3.4 % to 115.77 billion euros, the dividend is to rise to 90 cents per share. The development of the US subsidiary remains decisive for Deutsche Telekom.

https://www.handelsblatt.com/technik/it-internet/deutsche-telekom-setzt-nach-rekordjahr-2024-auf-weiteres-wachstum/100108104.html

e.on $EOAN (+6,49%) is convincing in terms of figures, even if the results here were slightly below the previous year's figures. EBITDA is expected to increase by 6-9% in 2025. The CEO of e.on expects the new German government to finally implement an efficient energy transition instead of adhering to expansion targets at all costs. The dividend is to rise to 55 cents per share.

https://www.waz.de/wirtschaft/article408409404/stromriese-eon-verdient-trotz-rezession-erneut-milliarden.html

Thursday:

$SIX2 (+5,95%) Sixt, the car rental company, presents record sales figures. Turnover increased by 10.5% to 4 billion euros. The US business in particular is doing well. Profits fall slightly due to falling used car prices. The dividend is to rise to 2.70 per share. Sales growth of 5 - 10 % is also planned for the coming year.

https://www.boerse.de/nachrichten/EQS-News-SIXT-durchbricht-erstmals-die-Vier-Milliarden-Umsatzmarke-Drittes-Rekordjahr-in-Folge/37085370

Also $KGX (+13,23%) Kion is planning to increase its dividend from 0.70 to 0.82 euros per share. Turnover is expected to stagnate in 2025 and amount to 10.9 - 11.7 billion euros. In 2024 it was 11.5 billion euros.

https://www.finanzen.net/nachricht/aktien/ausblick-vorsichtig-kion-aktie-mit-aufschlaegen-hoehere-dividende-nach-gewinnzuwachs-geplant-14275807

GDP growth in the USA falls to a growth rate of 2.3% in the 4th quarter. However, this is in line with expectations. Germany is a long way from 2.3 % growth. The country is in the longest recession phase in post-war history.

https://finance.yahoo.com/news/gdp-us-economy-grows-at-23-annualized-pace-in-fourth-quarter-matching-estimates-133216310.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAEDHZnuC0vgU8t8P7RBXsPEgAWKgMPnwT-Drlsk8DdbuQHCNMXQ7A1RS54QADRKn60ZxSDZoUa_q_5Xoub7zQSzmycOPUkgkOlopnSzTIeKez9crAfvPN2tBrlZUdmJEpy_cgFrV-geZT0BuG_Rqr5_OMyPnvoiPClm6tDcy3OZ8

Friday:

The world's largest insurance group posts a bottom-line profit of 10 billion euros, up 10% on the previous year. Allianz $ALV (+5,84%) Allianz once again exceeds analysts' expectations and the dividend rises to €15.40 per share. At the same time, Allianz has been cutting back on life insurance benefits for years.

https://www.handelsblatt.com/finanzen/banken-versicherungen/versicherer/versicherer-allianz-erzielt-rekordgewinn-und-zahlt-mehr-dividende/100108025.html

Due to rising food prices, inflation in Germany remains at 2.3%. Next week there will be further inflation data from the EU, as well as a possible key interest rate cut by the ECB.

https://www.welt.de/wirtschaft/article255568962/Inflation-liegt-im-Februar-bei-2-3-Prozent-Nahrung-und-Dienstleistungen-werden-teurer.html

These are the most important dates for the coming week:

Monday: 11:00 Inflation data (EU)

Wednesday: 16:00 ISM data (USA)

Thursday: 14:15 Interest rate decision (EU)

Can you think of any other dates? Write it in the comments 👇

#inflation
#usa
#ezb
#zinsentscheid

Heidelberg Materials aims for further growth in operating profit + Hamborner REIT exceeds expectations + Fuel cell specialist SFC Energy expects further growth + Citigroup raises Thyssenkrupp price target and praises Marine IPO

Heidelberg Materials $HEI (+13,03%)aims for further growth after record operating profit

• The building materials group Heidelberg Materials (formerly Heidelbergcement) is optimistic for the current year following a record operating profit.
• "Thanks to our broad geographical positioning and active cost and price management, we were able to more than compensate for declines in demand in individual regions," said CEO Dominik von Achten on Tuesday in Heidelberg.
• Although the construction sector is still characterized by volatility in some regions, the stabilization in the core markets is continuing.
• The management therefore expects earnings growth again in the current year.
• In 2024, turnover remained at the previous year's level of just under EUR 21.2 billion despite declining sales volumes, as the DAX-listed company announced.
• Adjusted EBIT - the so-called RCO - increased by 6 percent to 3.2 billion euros.
• A savings program also contributed to this. This was as much as analysts had expected.
• The bottom line was a profit attributable to shareholders of just under 1.8 billion euros after around 1.9 billion euros in the previous year.
• For the current year, the Executive Board expects adjusted earnings before interest and taxes of between EUR 3.25 billion and EUR 3.55 billion.

Hamborner REIT $HABA (+1,92%)exceeds expectations with operating result

• The commercial real estate specialist Hamborner Reit generated more rental and lease income last year thanks to property acquisitions.
• Rental and leasing income rose by 2 percent year-on-year to EUR 93.0 million in 2024, as the company announced on Tuesday based on preliminary figures.
• However, funds from operations (FFO), an important operating indicator for the real estate sector, fell by 5.5% to EUR 51.6 million.
• Higher expenses for maintenance, personnel and administration also had a negative impact here.
• FFO is slightly above the average analyst estimate.
• The net asset value per share fell by 2.3% year-on-year to EUR 9.79.
• The company had already commented on the outlook and the dividend last week.
• Accordingly, income from rents and leases is expected to fall to between EUR 87.5 million and EUR 89.0 million, primarily due to the sale of properties.
• The expected decline in FFO to between EUR 44.0 million and EUR 46.0 million was also held back by increased maintenance and personnel costs as well as expenses for strategic and regulatory projects.
• As already announced, the dividend is expected to remain at the previous year's level of 48 cents per share.

Fuel cell specialist SFC Energy $F3C (+6,58%)expects further growth

• The fuel cell specialist SFC Energy intends to continue its growth course in the current year.
• Sales are expected to increase by around 11 to 25 percent to between 160.6 million and 180.9 million euros in 2025, the company announced when presenting its preliminary annual figures.
• The strongest growth impetus is likely to come from the North American and Asian regions.
• SFC expects adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to be between 24.7 and 28.2 million euros.
• The company can build on well-filled order books.
• The order backlog rose by 28.6 percent to around 104.6 million euros at the end of the year.
• Thanks to high demand in the fourth quarter, incoming orders increased from 124.8 to 167.7 million euros in 2024.
• Last year, SFC increased its turnover by 22.5% to 144.75 million euros, according to the statement.
• The company thus reached the upper end of its forecast.
• Adjusted EBITDA grew by 45.2 percent to 22 million euros and was better than SFC had recently forecast.

Citigroup raises thyssenkrupp price target $TKA (+17,49%)and praises Marine IPO

• The US bank Citigroup has raised its target price for Thyssenkrupp from 5.50 to 8.50 euros and left its rating at "Buy".
• Cash, price drivers, options - the steel and industrial group has all this practically in abundance, wrote analyst Ephrem Ravi in his reassessment published on Tuesday.
• The only decisive factor for success is implementation.
• The spin-off of the marine division and the further reduction of the steel business could create enormous value.
• The marine division alone could cover the current market capitalization of the entire group.

Tuesday: Stock market dates, economic data, quarterly figures

• ex-dividend of individual stocks
• Compania de Distribucion Integral Logista Holdings EUR 1.53
• CDW Corporation USD 0.63

• Quarterly figures / company dates USA / Asia
• 12:00 Home Depot annual results
• 14:30 Paypal Investor Day
• 17:00 Apple AGM

• Quarterly figures / Company dates Europe
• 07:00 Fresenius Medical Care | Heidelberg Materials | Hamborner Reit Annual results
• 07:30 Raiffeisen Bank International | SFC Energy | Uniper Annual Results
• 08:00 Flatexdegiro Annual results
• 08:30 Uniper Analyst Conference
• 09:00 Flatexdegiro PK
• 10:00 Fresenius Medical Care | Heidelberg Materials BI-PK
• 11:00 Hamborner Reit Analyst and Press Conference | Uniper BI-PK
• 14:00 Fresenius Medical Care | Heidelberg Materials | Flatexdegiro Analyst Conference
• 18:00 ASM International annual figures
• 22:00 Alcon annual figures

Economic data

08:00 DE: GDP (2nd release) 4Q calendar and seasonally adjusted yoy FORECAST: -0.2% yoy 1st release: -0.2% yoy 3rd quarter: +0.1% yoy calendar adjusted yoy FORECAST: -0.2% yoy 1st release: -0.2% yoy 3rd quarter: -0.3% yoy

08:00 DE: Main construction sector, new orders and sales December

08:00 DE: Maastricht ratio (government revenue and expenditure) 2024

11:00 EU: ECB wage index

11:00 DE: Governing Council member Nagel, press conference on the presentation of the Bundesbank Annual Report 2024

11:00 DE: Deutsche Bundesbank, Balance sheet press conference with President Nagel

14:00 UK: ECB Director Schnabel, speech at conference on "The Future of the Central Bank Balance Sheet"

14:00 HU: Hungarian Central Bank results of the Monetary Policy Council

16:00 US: Consumer Confidence Index February FORECAST: 102.4 previous: 104.1

17:45 US: Fed Governor Barr, speech at "Yale Program on Financial Stability" event

19:00 US: Fed Richmond President Barkin, speech at the Rotary Club of Richmond

As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.

Also as a video:

https://youtube.com/shorts/1twl5CSaT68?si=UjOEsp-L4PnrhQWi

Sunday:

Due to the support for Ukraine 🇺🇦, arms exports from Germany are heading for a new record high. Goods worth 10.9 billion euros have already been exported. The record value from the previous year is 12.2 billion euros.

https://www.handelsblatt.com/unternehmen/industrie/waffenindustrie-deutsche-ruestungsexporte-steuern-auf-rekordhoch-zu/100089056.html

Tuesday:

$F3C (+6,58%) SFC Energy has raised its forecast for the year. Sales increased by 20 % in the first three quarters. Profit before tax also increased by 35 %. In the third quarter, however, there was a decline of 27%. The forecast for the overall result for the year has been raised slightly.

https://www.ecoreporter.de/artikel/wasserstoff-sfc-energy-hebt-jahresprognose-an/

The inflation rate in Canada 🇨🇦 is rising again, to 2%. Adjusted core inflation is also still well above the Canadian central bank's 2% inflation target.

https://ch.marketscreener.com/kurs/wahrung/CANADIAN-DOLLAR-US-DOLLAR-2373592/news/Kanadas-jahrliche-Inflationsrate-steigt-im-Oktober-auf-2-48407017/

Wednesday:

Producer prices in Germany continue to fall, albeit by only 1.1%. The sharpest rise was in butter, of all things. On average, butter cost more than 50% more than a year ago.

https://www.handelsblatt.com/finanzen/geldpolitik/inflation-erzeugerpreise-fallen-zum-16-mal-in-folge-hohes-plus-bei-butter/100089621.html

Thursday:

As inflation in Turkey remains high, the central bank is leaving the key interest rate at 50%. However, experts expect it to be cut to 47.5% in December or January at the latest.

https://www.handelsblatt.com/finanzen/geldpolitik/geldpolitik-tuerkische-zentralbank-belaesst-leitzins-bei-50-prozent/100089901.html

Friday:

GDP in Germany in the 3rd quarter was lower than expected, with growth of 0.1% in the previous quarter. Growth of 0.2 % had been forecast.

https://www.handelsblatt.com/politik/konjunktur/bip-deutsche-wirtschaft-waechst-im-dritten-quartal-langsamer-als-erwartet/100090073.html

Angela Merkel criticizes Olaf Scholz for his direct criticism of Christian Lindner after his dismissal. Merkel even goes so far as to say that Olaf Scholz has thereby violated the dignity of the office of Chancellor.

https://www.handelsblatt.com/politik/deutschland/interview-merkel-kritisiert-scholz-auftritt-bei-rauswurf-von-lindner/100090113.html

Most important dates in the coming week:

Tuesday: 20:00 FOMC minutes (USA)

Wednesday: 14:30 Economic data (USA)

Friday: 00:50 Economic data (Japan)

What other important dates can you think of?

#fed
#usa
#japan
#wirtschaftsdaten

⬆️⬆️⬆️

- BOFA raises the price target for WALMART from USD 95 to USD 105. Buy. $WMT (+9,75%)

- JEFFERIES raises the price target for WALMART from USD 100 to USD 105. Buy. $WMT (+9,75%)

- HAUCK AUFHÄUSER IB raises the target price for RHEINMETALL from EUR 680 to EUR 750. Buy. $RHM (+5,69%)

- WARBURG RESEARCH raises the target price for RHEINMETALL from EUR 600 to EUR 700. Buy. $RHM (+5,69%)

- JPMORGAN raises the price target for SALESFORCE from USD 310 to USD 340. Overweight. $CRM (+8,7%)

- WARBURG RESEARCH raises the target price for LEG IMMOBILIEN from EUR 81.60 to EUR 90.50. Hold. $LEG (+3,19%)

- DEUTSCHE BANK RESEARCH raises the price target for HEIDELBERG MATERIALS from EUR 116 to EUR 137. Buy. $HEI (+13,03%)

- KEPLER CHEUVREUX raises the price target for GFT TECHNOLOGIES from EUR 31 to EUR 32. Buy. $GFT (+7,74%)

- ODDO BHF raises the target price for TALANX from EUR 76 to EUR 78. Underperform. $TLX (+7,17%)

- KEPLER CHEUVREUX raises the target price for THYSSENKRUPP from EUR 3.70 to EUR 3.80. Hold. $TKA (+17,49%)

⬇️⬇️⬇️

- STIFEL lowers the price target for BAYER from EUR 36 to EUR 28. Hold. $BAYN (+4,51%)

- LBBW downgrades ENI from Buy to Hold and lowers target price from EUR 16.70 to EUR 15. $ENI (+7,8%)

- WARBURG RESEARCH lowers the target price for SFC ENERGY from EUR 29 to EUR 27. Buy. $F3C (+6,58%)

- WARBURG RESEARCH lowers the target price for TECHNOTRANS from EUR 23 to EUR 21. Buy. $TTR1 (+6,26%)

- DEUTSCHE BANK RESEARCH lowers the price target for CUREVAC from USD 3.90 to USD 2.50. Hold. $CVAC (+10,12%)

- BERENBERG lowers the price target for ASTRAZENECA from GBP 150 to GBP 140. Buy. $AZN (+1,34%)

As every Sunday, the most important news from the past week, as well as dates for the coming week.

Also as a video:

https://youtube.com/shorts/f1cIaitToNs?si=tMcWHG_ghWmIROch

Sunday:

More and more companies are pushing into the $NVDA (+18,56%) NVIDIA. After Alphabet and Intel, the most valuable company in the world is now also announcing its own AI chips. Microsoft has become the most valuable listed company thanks to Chat GPT and OpenAI and could thus also reduce its dependency. Experts expect annual growth of 25% in the AI chip market by 2029

https://www.handelsblatt.com/technik/forschung-innovation/microsoft-wie-der-softwareriese-zum-chiphersteller-wird/100033199.html

Monday:

Milei has recently been repeatedly criticized for a variety of reasons. However, his reforms are now paying off for Argentina 🇦🇷. The IMF is satisfied and releases a new loan tranche. Argentina has attracted attention in the past with debt cuts and state bankruptcies. Javier Milei has now cut jobs in the public sector, reduced subsidies and ended social programs.

https://www.handelsblatt.com/finanzen/geldpolitik/argentinien-besser-als-erwartet-iwf-gibt-kredittranche-frei/100037515.html

Tuesday:

Consolidation in the delivery service market continues. Uber joins $DHER (+10,38%) Delivery Hero and takes over the Taiwan business. Uber buys new shares worth 300 million euros, 30% above yesterday's closing price.

https://www.manager-magazin.de/unternehmen/delivery-hero-aktie-mit-kursrallye-uber-steigt-ein-bei-lieferdienst-a-957f5cca-a5bc-484a-80f9-e25226345ef8

Contrary to many claims that the location in Germany is not attractive enough, Germany is now reporting a record level of foreign investment. These increased by a third to 34 billion euros. The USA remains the largest investor, followed by Switzerland and then China. However, foreign investors also complain about bureaucracy, comparatively expensive energy and the weak economy in Germany.

https://www.handelsblatt.com/politik/konjunktur/konjunktur-studie-auslandsinvestitionen-in-deutschland-steigen-auf-rekordniveau/100037580.html

Producer prices in the USA 🇺🇸 have risen more sharply than expected. This could postpone a Fed rate cut further and has dampened the euphoria on the stock markets.

https://www.handelsblatt.com/finanzen/maerkte/marktberichte/dow-jones-sp-500-nasdaq-us-anleger-reagieren-kaum-auf-hohe-erzeugerpreise/100037660.html

Wednesday:

Inflation in the USA 🇺🇸 is easing slightly. In March, inflation stood at 3.5% and in April at 3.4%. This was expected by experts and is therefore not surprising information.

https://www.handelsblatt.com/finanzen/geldpolitik/verbraucherpreise-us-inflation-sinkt-leicht-auf-34-prozent/100037130.html

Our moonshot stock $F3C (+6,58%) SFC Energy has made significant gains. Sales increased significantly again in Q1 by 46% to 40.1 million euros. Net profit also grew by more than 100%. The order volume also increased significantly. SFC Energy specializes in fuel cells for power supply.

https://www.deraktionaer.de/artikel/aktien/sfc-energy-wasserstoff-aktie-geht-durch-die-decke-das-ist-der-grund-20357540.html

Our value stock $CSCO (+8,76%) Cisco is also performing well, exceeding expectations by USD 0.05 per share. Sales in Q3 were also higher than expected. Cisco's revenue forecast also exceeds expectations.

https://de.investing.com/news/stock-market-news/cisco-eps-ubertrifft-schatzungen--um-005---umsatz-besser-als-erwartet-2622101

Thursday:

$BOSS (+10,34%) Hugo Boss can make significant gains on the stock market after a multi-year partnership with David Beckham was announced. Beckham even traveled to the HQ in Metzingen a few weeks ago, but it was unclear whether such a deal would actually materialize.

https://group.hugoboss.com/en/newsroom/news/news-detail/hugo-boss-signs-strategic-partnership-with-david-beckham-in-a-multi-year-design-collaboration

Friday:

Japan's GDP 🇯🇵 is shrinking. This makes interest rate hikes in Japan less likely again; the last time there was an increase was in 2007. Japan's GDP shrank by 2.0%, significantly more than the 1.5% expected by experts. The central bank in Japan should actually raise interest rates, as the national currency is worth as little as it was last in 1990.

https://www.handelsblatt.com/finanzen/geldpolitik/asien-japans-bip-schrumpft-und-erschwert-zinserhoehungsplaene-der-bank-of-japan/100037773.html

Most important dates in the coming week:

Monday: 10:00 ifo Business Climate Index (DE)

Wednesday: 20:00 FOMC Minutes (USA)

Friday: 10:00 Purchasing Managers' Index (EU)

Hello everyone,

Today I would like to introduce you to my portfolio. As you probably know, it's just too much fun to expand my portfolio with new stocks. There are now a few too many, but I still can't really part with my worst-performing stocks ($NVM (+0,13%) , $ENPH (+10,52%) , $WAC (+14%) ). I'm hoping that I'll be able to sell them in positive territory at some point, or am I on the wrong track and in your opinion should I sell at a loss and try to make up the loss with other stocks?

I have been investing since the end of 2022 and at 29 years old, I still have a long time to go. My strategy is to be as desertified as possible in sectors and to beat the market in the long term (just let me believe that it works :D), hence so many individual stocks. I want to hold these for many years (esp. $AMZN (+11,65%) , $GOOGL (+9,72%) , $QCOM (+14,86%) , $MSFT (+10,18%) , $V (+8,62%) , $MC (+9,2%) , $SALM (+10,72%) ) but I'm also not too keen to pocket the profits. Are there any stocks in my portfolio that you would view critically for the next few years and would be worth considering selling? Recession and all that...

Priority is on growth, which is reasonably safe, so only a few small caps - but a few bets have to be in there :) ($AIDX (+9,01%) , $NRX (+4,41%) , $ITM (+11,43%) , $F3C (+6,58%) , $MITK (+12,56%) ). But with rather small amounts, probably too small or what do you say?

At the same time, I would also like to claim a €900 allowance via dividends ( $BATS (+2,17%) , $ENB (+1,51%) , $BNPQY (-0,62%) , $STLAM (+17,07%) , $ENGI (+3,07%) , $RIO (+2,09%) ) and secure a trade or two.

Recently I have been investing 240€/m in the $XDWD (+9,56%) and between 200 - 500€/m in individual shares (depending on what is left). Actually, I want to increase the existing shares properly now, but somehow there are always nice entry options in solid companies like $0L2T (+0,57%) , $ZTS (+6,28%) , $ADM (+6,35%) , $PANW (+13,45%) , $ENR (+16,29%) . Help what to do? :D

And then there's also crypto $BTC (-1,29%)
$NEAR (-2,5%)
$ADA (-2,97%)

And Japan, they're doing well too $4063 (+6,77%) , $6501 (+6,24%) , $8001 (+11,53%)

Looking forward to your feedback and advice!

As every Sunday, the most important news from the past week, as well as the dates for the coming week.

Also as a video:

https://youtube.com/shorts/_fYt2kvdPcI?si=oXqhl5CxOBSVXN6R

Monday:

Now also $BEI (+2,39%) Beiersdorf, the Nivea Group, is also increasing its dividend. For the first time since 2008, from 70 cents to one euro per share. The share price rises significantly.

https://www.handelsblatt.com/unternehmen/handel-konsumgueter/nivea-hersteller-beiersdorf-erhoeht-dividende-von-70-cent-auf-einen-euro/100012941.html

Tuesday:

$F3C (+6,58%) SFC Energy, an investment from our Growth Portfolio, was able to impress with its figures. Sales and EBITDA both exceeded expectations. Sales growth amounted to 39%. SFC Energy manufactures methanol and hydrogen fuel cells.

https://www.handelsblatt.com/unternehmen/industrie/geschaeftszahlen-im-newsblog-toyota-hebt-nach-gewinnsprung-die-jahresprognose-an-infineon-mit-umsatzrueckgang/24098412.html

The Reserve Bank of Australia (RBA) leaves the key interest rate at 4.35% as inflation continues to fall. Weak retail sales figures in Australia are strengthening hopes that a rate cut could be imminent. Before today's meeting, some were expecting a further rate hike to get inflation under control.

https://amp.theguardian.com/australia-news/2024/feb/06/rba-interest-rates-announcement-hold-4-35

The retail sector in the EU can look back on a weak year in terms of sales. Sales fell by 1.8%. Despite Christmas sales, revenue in December fell by 1.1% compared to November.

https://www.handelsblatt.com/politik/konjunktur/handel-einzelhandel-im-euroraum-hat-2023-weniger-kasse-gemacht-auch-minus-im-dezember/100013122.html

Wednesday:

Our value stock $TMV (+8,05%) Teamviewer presented figures and surprised positively. Sales increased by 11% in the lower range of the forecast. Net profit increased by 66% to 114 million euros. In its forecast for the coming year, Teamviewer expects sales growth of 7 - 11% and an EBITDA margin of 43%.

https://www.finanzen.net/amp/marge-soll-weiter-wachsen-teamviewer-aktie-teamviewer-kann-nettogewinn-deutlich-steigern-13238074

Thursday:

While the rest of the world is battling inflation, China is struggling with deflation. In January, prices fell by 0.8% compared to the previous month.

Deflation is more dangerous than inflation because investments and consumption are often postponed, which can trigger a negative spiral. For this reason, central banks worldwide also have an inflation target of around 2.0% per year.

https://www.handelsblatt.com/politik/international/deflation-preise-in-china-fallen-im-januar-so-stark-wie-seit-2009-nicht/100013117.html

$NET (+15,93%) Cloudflare, one of our portfolio stocks, has gained significantly in value. One reason for this is probably the news that Mark Anderson is to become the new President of Revenue. Mark Anderson was previously CEO of Alteryx and before that he helped to significantly increase Palo Alto Networks' revenue. More important, however, is probably the news that Cloudflare was able to increase its free cash flow to 14% of revenue, which increased by 32% over the year. Cloudflare is therefore growing profitably, but with a KCV of around 60, it still has a sporty valuation.

https://cloudflare.net/news/news-details/2024/Cloudflare-Appoints-Mark-Anderson-as-President-of-Revenue/default.aspx

The three most important dates in the coming week:

Tuesday: 14:30 Inflation data (USA)

Wednesday: 11:00 GDP figures (EU)

Thursday: 03:00 Retail sales (China)