FRANKFURT (dpa-AFX) - Technology stocks had a hard time on Monday in view of the weakness of the Nasdaq before the weekend. The Stoxx Europe 600 Technology sector index extended its correction particularly sharply, with semiconductor stocks in particular coming under pressure.

STMicro $STMPA (-1,92%)

lost around three percent following a downgrade by the experts at TD Cowen and is back at its November low. Infineon

look better overall, but also lost 2% at the end of the Dax. Aixtron $AIXA (-2,09%) sank over 7% in the MDax.

Analyst Tim Wunderlich from Hauck Aufhäuser Investment Banking had canceled his buy recommendation for Aixtron. His price target of 13.80 euros is still below the current Xetra level. Sluggish consumer demand, political risks with regard to the development of electromobility and high inventories in the supply chains are likely to continue to weigh on demand for silicon carbide (SiC) power semiconductors in 2025, he wrote./ag/mis

Source: dpa-Afx

Although I don't think this news is new. And should slowly be priced into the share price. What do you think, will there be a further downhill slide?

BÖRSE ONLINE – Seit 1987 unterstützt BÖRSE ONLINE jede Woche Anleger bei ihren Investment-Entscheidungen. Zentrale Themen der Berichterstattung sind fundamentale Markt- und Aktienanalysen, Charttechnik, Handelsstrategien sowie verschiedene Tradingmodelle.

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- GOLDMAN raises the price target for SIEMENS ENERGY from EUR 56 to EUR 60. Buy. $ENR (-4,27%)

- BARCLAYS raises the target price for MERCEDES-BENZ from EUR 48.50 to EUR 50. Underweight. $MBG (-1,31%)

- JEFFERIES upgrades SMA SOLAR from Hold to Buy and raises target price from EUR 14 to EUR 20. $S92 (-2,27%)

- GOLDMAN raises the price target for DEUTSCHE BÖRSE from EUR 226 to EUR 231. Neutral. $DB1 (-0,57%)

- BOFA upgrades BBVA from Neutral to Buy and raises target price from EUR 11 to EUR 13. $BBVA (+0,33%)

- WARBURG RESEARCH upgrades FUCHS SE from Hold to Buy. Target price EUR 50. $FPE

- GOLDMAN raises the price target for FLATEXDEGIRO from EUR 17 to EUR 18. Buy. $FTK (+1,48%)

- BERENBERG raises the target price for IBERDROLA from EUR 12.30 to EUR 14. Hold. $IBE (-0,43%)

- JEFFERIES upgrades PVA TEPLA from Hold to Buy and raises target price from EUR 12 to EUR 19. $TPE (+0,71%)

- JEFFERIES raises the price target for FRIEDRICH VORWERK from EUR 23 to EUR 30. Hold. $VH2 (-3%)

- JEFFERIES raises the price target for ZEAL NETWORK from EUR 45 to EUR 58. Buy. $TIMA (-1,47%)

- JEFFERIES raises the price target for ADESSO from EUR 75 to EUR 85. Hold. $ADN1 (-0,77%)

- JEFFERIES upgrades NEL from Underperform to Hold. Target price NOK 3. $NEL (-3,27%)

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- BERENBERG lowers the price target for RWE from EUR 46.50 to EUR 42. Buy. $RWE (+1,08%)

- GOLDMAN lowers target price for EON from EUR 17.50 to EUR 17. Buy. $EOAN (+0,41%)

- HAUCK AUFHÄUSER IB downgrades AIXTRON from Buy to Hold and lowers target price from EUR 26.40 to EUR 13.80. $AIXA (-2,09%)

- METZLER lowers the price target for DWS from EUR 41 to EUR 40.50. Hold. $DWS (+0,52%)

- GOLDMAN lowers the price target for ASTRAZENECA from GBP 159.55 to GBP 155.58. Buy. $AZN (+1,03%)

- TD COWEN downgrades STMICRO to Hold. Target price EUR 24.50. $STM (-2,24%)

- JPMORGAN downgrades CONSTELLATION BRANDS to Neutral. Target price USD 203. $STZ (+3,04%)

- JEFFERIES lowers the price target for DOCMORRIS from CHF 65 to CHF 39. Buy. $DOCM (-1,46%)

- JEFFERIES lowers the price target for ATOSS SOFTWARE from EUR 112 to EUR 108. Hold. $AOF (+0,87%)

- JEFFERIES lowers the price target for JENOPTIK from EUR 34 to EUR 29. Buy. $JEN (-0,81%)

- JEFFERIES lowers the price target for KONTRON from EUR 29 to EUR 27. Buy. $KTN (-1,29%)

- JEFFERIES lowers the price target for SILTRONIC from EUR 95 to EUR 90. Buy. $WAF (+1,46%)

- JEFFERIES downgrades VERBIO from Buy to Hold and lowers target price from EUR 22 to EUR 11. $VBK (-2,71%)

- JEFFERIES downgrades SGL CARBON from Buy to Hold and lowers target price from EUR 9.50 to EUR 4.40. $SGL (+0,73%)

Interview with Clemens Fuest - Germany on the brink? Ifo President finds: "Elon Musk is talking nonsense"

The German economy is stagnating and economic output is not rising above the 2019 level. That is the bitter outcome of a lost half-decade, as Clemens Fuest, President of the Ifo Institute, makes clear in an interview with the FAZ.

"We have real problems," says Fuest, adding that it is not just external circumstances that are weighing on Germany's economy, but also home-grown problems. In this tense economic environment, Fuest voices fierce criticism of Elon Muskthe CEO of Tesla. Musk, known for his sometimes controversial statements and visions, hatte zuletzt Vorschläge gemacht which Fuest describes as "gross nonsense". These proposals relate in particular to Musk's ideas on the industry of the future.

"Germany is not on the brink"

Musk has repeatedly emphasized that Germany must fundamentally change its industrial policy in order to remain competitive. Fuest replied: "Germany is not on the brink, wie er behauptet . Our country is stuck in stagnation, that's something completely different."

Fuest emphasizes in the interview that German economic policy should aim to further promote its strengths. "Depending on the count, there are between 1,000 and 1,500 companies in Germany that are world market leaders in a niche. No other country has this in this form. And that leads to the export strength that continues to characterize Germany."

The Ifo Director calls for political decision-makers in Germany and Europe to rethink and adapt their strategies. "The approach of relying heavily on subsidies to transform the economy" was wrong, he emphasizes. The "traffic light coalition has also failed to find an answer to the decline in investment in companies and housing construction".

"Depending on the count, there are between 1,000 and 1,500 companies in Germany that are world market leaders in a niche. No other country has this in this form. And that leads to the export strength that continues to characterize Germany."

My dears, which world market leaders can you think of here? And which German niche companies are you counting on?

$SIE (-0,45%)
$MUM (+0,16%)
$SAP (-1,87%)
$AIXA (-2,09%)
$ADS (-0,81%)
$RR. (-1,27%)
$FRE (+0,18%)

Interview mit Clemens Fuest - Deutschland am Abgrund? Ifo-Präsident findet: „Elon Musk redet groben Unfug“

How should I start? My portfolio has increased by almost 3.75 times, even though I've been struggling with a few problems since June and can hardly save any more.

My BAföG has not yet been approved, which is why I have to be financially cautious and hope that I can make ends meet with my remaining funds.

The year has been exciting - I can't guarantee you whether the figures here are accurate, and to be honest I don't think they are, because so far they've almost always been wrong. Nevertheless, it gives you a good insight into my portfolio.

And my goals for 2025? Honestly, I have no idea! I'll have to see how my studies and my life as a whole are going before I can set any concrete goals, but I'll have some fun: Here are my top and flop 5 that I still hold.

$SOFI (-4,68%)
$BTC (+0,17%)
$FWONA
$D05 (+0,91%)
$FTNT (-3,08%)

$AIXA (-2,09%)
$EVT (-2,36%)
$AFX (-0,59%)
$MRNA (+6,04%)
$CELH

I wish you all a happy new year!

year!

Hello everyone, the tops and flops at the end of the year.

With Aixtron $AIXA (-2,09%) I myself had a big flop in my portfolio. But for 2025 I am quite reliable with Aixtron.

AppLovin $APP (-6,81%) and Nvidia $NVDA (-3,63%) were then my top stocks.

Which stocks were top and flop for you?

Which flop stocks are you confident about in the new year?

Will the top stocks continue to be top?

$AIXA (-2,09%)

I took a look at the weekly and daily chart of the Aixtron share. After the earnings on February 29, the share price collapsed and made one low after another. There was hardly any interest from market participants in the share and important support areas were broken, but we are now in an interesting area. If the share price closes above this area, I would like to see a confirmation, then the path to around €22 would be clear in my view. Of course, the question now is what the market participants will do and what the fundamental situation of the company is. Otherwise, the downward trend could continue. The next support level is around €8.50

$AIXA (-2,09%)

With a performance of +5.96%, the AIXTRON share has recorded significant gains so far this trading day, thus positively surprising investors.

Despite today's share price increase, AIXTRON shareholders have suffered losses of -9.44% in the last three months.

https://www.wallstreet-online.de/nachricht/18845575-beachtet-aixtron-aktie-rampenlicht-23-12-2024

Analyst updates, 16.12.

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• JEFFERIES raises the price target for AMAZON from USD 235 to USD 275. Buy. $AMZN (-2,39%)
• CITIGROUP raises the price target for MUNICH RE from EUR 475 to EUR 522. Neutral. $MUV2 (-0,6%)
• BERENBERG raises the price target for RHEINMETALL from EUR 655 to EUR 750. Buy. $RHM (-1,89%)
• WARBURG RESEARCH raises the price target for PORSCHE SE from EUR 36 to EUR 37. Hold. $PAH3 (+0,48%)
• WARBURG RESEARCH raises the price target for HENSOLDT from EUR 40 to EUR 42. Buy. $HAG (+0,92%)
• JEFFERIES raises the target price for SHELL from GBP 31 to GBP 32. Buy. $SHEL (-1,69%)

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• BERNSTEIN lowers the price target for PORSCHE SE from EUR 46 to EUR 42. Market Perform. $PAH3 (+0,48%)
• HSBC downgrades SAP to Hold. Target price EUR 260. $SAP (-1,87%)
• LOOP CAPITAL downgrades NETFLIX to Hold. Target price 950 USD. $NFLX (-1,73%)
• EXANE BNP lowers the price target for MERCEDES-BENZ from EUR 57 to EUR 54. Underperform. $MBG (-1,31%)
• JEFFERIES downgrades FORD from Hold to Underperform and lowers target price from USD 12 to USD 9. $F (-0,67%)
• CITIGROUP lowers the price target for THYSSENKRUPP from EUR 5.80 to EUR 5.50. Buy. $TKA (+0,54%)
• STIFEL lowers the price target for AIXTRON from EUR 20 to EUR 18. Hold. $AIXA (-2,09%)
• PARETO downgrades TRATON to Hold. Target price EUR 32.50. $8TRA (-0,07%)
• DEUTSCHE BANK RESEARCH lowers the target price for KINGFISHER from GBP 3.50 to GBP 3.40. Buy. $KGF (-0,47%)
• METZLER lowers the price target for CARL ZEISS MEDITEC from EUR 104 to EUR 90. Buy. $AFX (-0,59%)
• BERENBERG lowers the price target for SCHOTT PHARMA from EUR 32 to EUR 28. Hold. $1SXP (+1,99%)
• CITIGROUP downgrades 1&1 to Neutral. Target price EUR 15. $1U1 (+1,37%)

Flop share from 2024 that could really take off in 2025.

Turnaround opportunity in the chip industry: Aixtron $AIXA (-2,09%)

We start with the German semiconductor supplier Aixtron (WKN: A0WMPJ). In recent years, the company's business and share price have developed rapidly. Driven by high demand for the company's highly complex systems, which are used to apply ultra-thin layers of atoms to semiconductor wafers, sales rose by an average of 25% p.a. between 2019 and 2023. The average growth rate for EBIT was even 42%! The share price rose by a whopping 351% from the beginning of 2020 to the end of 2023

This has come to an end in the current year. The share price has plummeted by 61% since the start of the year and things are no longer going so well operationally either. In the first nine months of 2024, turnover fell by 2% and earnings per share fell by 36%. Revenue is set to stagnate for the entire 2024 financial year and the management still sees no improvement in sight in 2025. What's going on here?

The main reason for the weak operating performance is likely to be the current market environment. The overall economic situation is currently also causing weak business for other semiconductor companies outside of the AI hype, such as Infineon. This is unlikely to remain the case forever. In the long term, demand for chips will increase - in the case of Aixtron, for example, to supply data centers with energy-saving power or to build modern charging infrastructure for e-cars. I am therefore betting that the share price could rise sharply again in the course of 2025. The P/E ratio of 11 (based on 2023 earnings) looks favorable.

Analyst updates, 02.12.24:

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- EXANE BNP upgrades NOVO NORDISK to Outperform. Target price DKK 930. $NOVO B

- HSBC upgrades LVMH to Buy. Target price EUR 727. $MC (+0,4%)

- WARBURG RESEARCH raises target price for MTU from EUR 278 to EUR 297. Hold. $MTX (-3,41%)

- GOLDMAN raises the price target for VISA from USD 324 to USD 347. Buy $V (-0,16%)

- DEUTSCHE BANK RESEARCH upgrades BASF from Hold to Buy and raises price target from EUR 50 to EUR 55. $BAS (+1,69%)

- DEUTSCHE BANK RESEARCH upgrades BURBERRY from Hold to Buy and raises target price from GBP 8.60 to GBP 11.80. $BRBY (-4,28%)

- GOLDMAN raises the target price for AROUNDTOWN from EUR 2.90 to EUR 3.70. Buy. $AT1 (+0,28%)

- GOLDMAN downgrades TOAST from Buy to Neutral and raises target price from USD 34 to USD 45. $TOST (-5,58%)

- HSBC upgrades HERMES to Buy. Target price 2500 EUR. $RMS (+0,11%)

- MORGAN STANLEY upgrades ZEBRA TECH to Equal-Weight. Target price 400 USD. $ZBRA (-2,72%)

- JPMORGAN upgrades AIR LIQUIDE from Neutral to Overweight and raises target price from EUR 161 to EUR 195. $AI (+4,21%)

- JPMORGAN raises target price for PUMA SE from EUR 44 to EUR 47. Neutral. $PUM (+1,1%)

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- GOLDMAN lowers the price target for MASTERCARD from USD 563 to USD 557. Buy. $MA (-0,3%)

- WARBURG RESEARCH lowers the price target for AIXTRON from EUR 26 to EUR 24. Buy. $AIXA (-2,09%)

- METZLER lowers the price target for WACKER NEUSON from EUR 14.50 to EUR 14. Hold. $WAC (+0,59%)

- DEUTSCHE BANK RESEARCH downgrades K+S from Hold to Sell and lowers target price from EUR 9.75 to EUR 9.50. $SDF (+2,25%)

- BERENBERG lowers the price target for BP from GBP 4.70 to GBP 4.40. Hold. $BP. (-1,13%)

- RBC downgrades IBERDROLA from Outperform to Sector-Perform. Target price EUR 14 $IBE (-0,43%)

- RBC lowers the price target for RWE from EUR 52.50 to EUR 45.50. Outperform. $RWE (+1,08%)

- JPMORGAN lowers the target price for ORSTED from DKK 460 to DKK 430. Neutral. $ORSTED (-1,82%)

- JPMORGAN lowers the price target for ADIDAS from EUR 275 to EUR 266. Overweight. $ADS (-0,81%)

- JPMORGAN lowers the price target for LVMH from EUR 685 to EUR 650. Neutral. $MC (+0,4%)

- JPMORGAN lowers the price target for HUGO BOSS from EUR 43 to EUR 42. Neutral. $BOSS (+0,31%)