Another exciting week has passed on the stock market. As temperatures rise, so do investors' expectations. At the moment, you can see a lot of upward trends on the stock market.
As we do every week, we let our community decide which stocks they think are relevant or not. Some will sound familiar, while others may be a hidden gem.
P.S. and as always, please remember that investing comes with risks, especially in times like now when we see increased volatility and an abundance of liquidity in the markets.
New collaborations at Nel
The Norwegian hydrogen specialist Nel has unfortunately disappointed investors with its first quarterly figures of 2021. Although analysts had expected a loss, the estimates were nevertheless underperformed. Sales were also lower than hoped.
Nevertheless, Nel expects big projects in the near future. It was recently announced that a strategic partnership with the Norwegian energy supplier Aibel was pending. The two companies plan to work together on large-scale hydrogen projects in the future. A Cooperation with First Solar is also imminent. This project is apparently about developing integrated photovoltaic hydrogen plants.⚡
2. Deutsche Bank
Strong start to the year for Deutsche Bank
Deutsche Bank has had its best start to the year since 2014 and is confidently preparing for the main meeting. According to Group CEO Christian Sewing, the second quarter is also promising. A dividend can also finally be expected again. For the first time since the beginning of 2018, Deutsche Bank shares made it above the 12 euro mark. And this happened after the low of 4.44 euros in March 2020. 💰
However, there is much criticism of the bonus payment. The variable compensation in 2020 has increased by 29 percent. Many shareholders feel this is too much.
New investments from Samsung
The South Korean tech giant Samsung wants to invest more money in chip technology due to the semiconductor shortage. By 2030, the group wants to invest around 125 billion euros in chip technologies. This is a 28 percent increase from the original investment plan from April 2019. Samsung's goal is to achieve market leadership in other areas of the chip industry.
In addition, Samsung has launched a cooperation with Google on the smartwatch system. This should make the operating system faster and more user-friendly. It could be an interesting project since Google recently took over the sports watch manufacturer Fitbit for 2 billion dollars. The two corporations want to take on Apple's smartwatches.⌚
Increase in the production of Airbus
Aircraft maker Airbus surprises with new big plans. Although the company is struggling with sharp drops in sales due to the Corona pandemic, Airbus plans to double production of short- and medium-range jets. Plans call for about 75 units of the A320 family a month and 14 aircrafts of the A220 models. The European aircraft manufacturer is betting that flight performance will be back to pre-pandemic levels by 2022. ✈️
This is also good news for all suppliers.
On the other hand, there is little change in the large machines.
Largest marine wind farm in the world planned by BASF
Chemical company BASF is planning a new wind farm in the German North Sea with energy supplier RWE. This wind farm will be the largest marine wind farm in the world. With it, BASF wants to switch from gas to electricity at its main plant in Ludwigshafen. The project is to be implemented in 2030, but so far it is not feasible with the current political constraints.
The first quarterly figures of 2021 exceeded analysts' expectations. Earnings per share were 2 euros. Sales for Q1 amounted to 19.4 billion euros. A plus of 15.8 percent year-on-year. 💨