Transportation

Utilities

Social affairs

Digital

Future needs until 2040

Private Markets Infrastructure

Modernization

Infrastructure programs

Link: https://shorturl.at/maYS2

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Bank of America (BofA) has put together a basket of stocks to list the winners of the German infrastructure package.

The basket contains 14 stocks that the US bank expects to benefit in particular.

• The German technology group Siemens
  $SIE (+1,44%) (weighted at 10.3 percent, as of August 21)
• The French construction group Eiffage $FGR (-0,43%) (9 percent)
• The German building materials manufacturer Heidelberg Materials
  $HEI (-1,03%) (8.8 percent)
• The German energy technology group Siemens Energy $ENR (+0,42%) (8.6 percent)
• The German truck manufacturer Daimler Truck
  $DTG (-1,3%) (8.4 percent)
• The Italian building materials company Buzzi S.p.A.
  $BZU (+0,61%) (7.9 percent)
• The Swiss cement group Holcim $HOLN (-0,22%) (7.6 percent)
• The Swiss chemicals group Sika AG $SIKA (+0,54%)
  
  (7.4 percent)
• The German forklift manufacturer Kion
  $KGX (+0,13%) (6.7 percent)
• The French communications and energy company Spie $SPIE (+0,25%) (6.4 percent)
• The German industrial group Thyssen-Krupp $TKA (+1,22%) (6.4 percent)
• The German wind turbine manufacturer Nordex
  $NDX1 (-2,05%) (4.6 percent)
• The Swedish steel group SSAB $SSAB A (+0,61%)
  
  (4.1 percent)
• The German industrial services provider Bilfinger
  $GBF (-0,87%) (4.0 percent)

Hopes for the infrastructure package have already caused the shares to rise significantly in some cases in recent months. Since the beginning of the year, the shares included in the basket have risen by around 47 percent. BofA has been offering the share basket to its major clients since the beginning of July.

Despite the jump in the prices of many infrastructure stocks in the first half of the year, BofA manager Klein is confident that the stocks in the basket will continue to rise. According to him, it now depends on when the investments really show up in the profits of the companies.

Oliver Schneider, portfolio advisor at US asset manager Wellington, says: "In the past six to nine months, investor interest in infrastructure stocks has grown rapidly." This is particularly true for European investors.

He cites two factors that he believes will drive infrastructure stocks worldwide in the future. Firstly, there is a great need to modernize infrastructure. Secondly, the demand for electricity is growing due to artificial intelligence. Schneider says: "This is a growth topic that will be with us for the next ten to 20 years."

Source: Text (excerpt) & graphic, Handelsblatt 01.09.25

The UBS recently carried out an extensive screening of the European equity market. There are a few stocks that were rated very positively by the analysts.

These include the French energy supply group Engie $ENGI (-0,39%) the Italian logistics and postal company Poste Italiane $PST (+3,22%) the British online real estate broker Rightmove
$RMV (+0,33%) and the French technology service provider SPIE $SPIE (+0,25%).

In addition, the Irish specialist insurer Beazley $BEZ (+0,2%) the Spanish energy group Iberdrola
$IBE (-0,99%) and the Swedish telecommunications company Telia
$TELIA (+1,7%) are on the list.

The chances of a positive development are good - according to "Welt". Reason:

In Europe, politicians are investing massive amounts of money in infrastructure and defense while promising reforms to stimulate the economy. Added to this are interest rate cuts by the European Central Bank (ECB) and bulging savings accounts, which could flow into consumption and investment if the mood improves.

And overall, it is all about long-term growth: government investments are planned for years to come and the ECB is likely to cut interest rates even further.

The combination of government stimulus, cheap financing and private capital is providing a tailwind on the markets. There are some European ETFs that have been performing very well since the beginning of the year.

At the forefront is the Global X Euro Infrastructure Development $BRIP (-0,76%) with a return of 23.1 percent.

Also strong is the Xtrackers Dax $DBXD. (-0,15%)
The ETF achieves 20.3 percent and costs just 0.09 percent per year.

Also exciting is the WisdomTree Europe Defensive $EUDF (-2,52%). With 18.9 percent since its launch in March, it has made a solid start and costs just 0.40 percent.

The classic among the European ETFs, the iShares Core Euro STOXX 50 $CSSX5E (+0,64%)is somewhat more defensive at 11.8 percent, but scores with minimal fees. Europe is therefore back on the ETF radar.

Source (excerpt) & image: "Welt", 17.07.2025

Good morning dear community,

I have not yet read anything about this share here in the forum. But the $SPIE (+0,25%) share is performing consistently well.

As an employee, I have the opportunity to acquire employee shares every year. And so far I've been very happy with it.

Annual growth and the company's activities are exciting. As a multi-technical service provider in Europe.