LVMH

Don't buy the bag, buy the company.

Put a bow on it and the wife will freak out on the 24th 🎅

Even if the share has not been doing well recently, the dividend still tastes good! 👍🏻

Got it for the first time at least here

Only at Trade Republic not yet booked somehow 🤔

Well, at least it's something :D

03.12.2024

Apple at another record high + Hedge fund sells Nvidia and buys SMC, Palantir and AMD + China and Cyber Monday boost consumer stocks

Apple with another record high

• The shares of Apple $AAPL (-0,02%) shares continued Friday's record high at the start of the new trading week. The shares recently traded 1.4 percent higher at 240.65 US dollars, making them one of the top stocks in the Dow Jones Industrial . This makes the iPhone group the most valuable company in the world with a market capitalization of around
• market capitalization of around 3.6 trillion US dollars, ahead of Nvidia $NVDA (+3,51%) with a
• market capitalization of around 3.4 trillion dollars
• At the close of trading, the share price fell slightly to USD 239.59, which is still an increase of 0.95%.

Largest hedge fund in the world has sold Nvidia & is betting on Super Micro & Palantir

• Bridgewater Associates has sold its position in Nvidia $NVDA (+3,51%) in the third quarter and instead sold more shares of Super Micro Computer $SMCI (+3,75%), Palantir Technologies $PLTR (-3,15%) and Advanced Micro Devices (AMD) $AMD (+0,5%) were purchased.
• The fund announced the share transactions in a form filed with the US Securities and Exchange Commission.
• Bridgewater sold 1.8 million Nvidia shares to end the third quarter with 4.8 million shares of the artificial intelligence chip maker....

https://www.wallstreet-online.de/nachricht/18773922-groesster-hedgefonds-welt-bridgewater-nvidia-aktien-verkauft-wettet-super-micro-palantir

China and Cyber Monday boost consumer stocks

• The main winners were shares of luxury goods manufacturers in Europe such as LVMH $MC (-0,39%) and Hermes $RMS (+0,09%) but also Adidas $ADS (+0,23%)
  in the DAX rose by 3.2 percent.
• They benefited from an upward revision of the China Purchasing Managers' Index in November.
• The market is hoping that higher income from their Chinese customers will also boost their willingness to spend. In addition, the ongoing "Cyber Monday" drove the shares of consumer and household goods manufacturers. Also in demand were Munich Re $MUV2 (+0,53%) with a 2.9 percent premium.

Tuesday, stock market dates, economic data, quarterly figures

• ex-dividend of individual stocks

Thales EUR 0.85

ORANGE 0.30 EUR

Linde USD 1.39

• Quarterly figures / company dates USA / Asia

20:00 AT&T Capital Markets Day

22:05 Salesforce quarterly figures

• Quarterly figures / Company dates Europe

07:00 Swiss Life Investor Day 2024

• Economic data

08:30 CH: Consumer prices Switzerland November FORECAST: n/a previous: -0.1% yoy/+0.6% yoy

15:00 EU: ECB monthly/bimonthly report on APP/PEPP program

16:00 US: Number of job openings, quits and layoffs (Jolts) October Number of job openings PROGNOSIS: n.a. previously: 7.4 million

Have a great start to the week everyone!

I wanted to show you my last share purchase for this year and say a few words about this year.

My last purchase was two $MC (-0,39%) shares, with which I could now complete my 10 shares.

In the middle of the year, I had set myself the goal of achieving a return of €10,000 in my portfolio. There were some questionable reactions to this in the comments. Now I've more than doubled that and I'm very happy about it! Of course, it's only a real profit when you sell. However, as I am considering a reallocation (into a distributing world ETF + focus on expanding this, fewer individual shares), this will probably happen at the beginning of next year.

Have a nice day!

$MC (-0,39%) My first entry into the world of luxury. I often shop at C&A and drink wine from LIDL, but you can treat yourself to luxury stocks. Isn't it? 😁

Analyst updates, 02.12.24:

⬆️⬆️⬆️

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

- HSBC upgrades LVMH to Buy. Target price EUR 727. $MC (-0,39%)

- WARBURG RESEARCH raises target price for MTU from EUR 278 to EUR 297. Hold. $MTX (+0,99%)

- GOLDMAN raises the price target for VISA from USD 324 to USD 347. Buy $V (-0,94%)

- DEUTSCHE BANK RESEARCH upgrades BASF from Hold to Buy and raises price target from EUR 50 to EUR 55. $BAS (-1,18%)

- DEUTSCHE BANK RESEARCH upgrades BURBERRY from Hold to Buy and raises target price from GBP 8.60 to GBP 11.80. $BRBY (-0,97%)

- GOLDMAN raises the target price for AROUNDTOWN from EUR 2.90 to EUR 3.70. Buy. $AT1 (+0,47%)

- GOLDMAN downgrades TOAST from Buy to Neutral and raises target price from USD 34 to USD 45. $TOST (-10,31%)

- HSBC upgrades HERMES to Buy. Target price 2500 EUR. $RMS (+0,09%)

- MORGAN STANLEY upgrades ZEBRA TECH to Equal-Weight. Target price 400 USD. $ZBRA (+0,93%)

- JPMORGAN upgrades AIR LIQUIDE from Neutral to Overweight and raises target price from EUR 161 to EUR 195. $AI (+0,89%)

- JPMORGAN raises target price for PUMA SE from EUR 44 to EUR 47. Neutral. $PUM (+4,2%)

⬇️⬇️⬇️

- GOLDMAN lowers the price target for MASTERCARD from USD 563 to USD 557. Buy. $MA (-1,01%)

- WARBURG RESEARCH lowers the price target for AIXTRON from EUR 26 to EUR 24. Buy. $AIXA (+3,66%)

- METZLER lowers the price target for WACKER NEUSON from EUR 14.50 to EUR 14. Hold. $WAC (+0,51%)

- DEUTSCHE BANK RESEARCH downgrades K+S from Hold to Sell and lowers target price from EUR 9.75 to EUR 9.50. $SDF (+2,76%)

- BERENBERG lowers the price target for BP from GBP 4.70 to GBP 4.40. Hold. $BP. (-0,92%)

- RBC downgrades IBERDROLA from Outperform to Sector-Perform. Target price EUR 14 $IBE (-0,44%)

- RBC lowers the price target for RWE from EUR 52.50 to EUR 45.50. Outperform. $RWE (-2,14%)

- JPMORGAN lowers the target price for ORSTED from DKK 460 to DKK 430. Neutral. $ORSTED (-2,32%)

- JPMORGAN lowers the price target for ADIDAS from EUR 275 to EUR 266. Overweight. $ADS (+0,23%)

- JPMORGAN lowers the price target for LVMH from EUR 685 to EUR 650. Neutral. $MC (-0,39%)

- JPMORGAN lowers the price target for HUGO BOSS from EUR 43 to EUR 42. Neutral. $BOSS (+8,89%)

Hi folks,

I am considering selling my $CDI (+0%) to sell my position with -20% and $MC (-0,39%) to buy ? Does that make sense in your opinion ? I was $CDI (+0%) actually always more convinced.

happy first advent to you all!🎄🕯️❄️

Depotupdate November - A successful month with a clear focus

November was a strong month, both in terms of returns and strategic realignment. The current portfolio value is 48.745,46 €with a solid monthly return of 6,86 %which corresponds to a price gain of 3.131,04 € . It is a further step towards a long-term and growth-oriented portfolio.

Activities in November: purchases and sales

Purchases:

S&P 500 $VUSA (+0,39%)
via savings plan

The regular savings plan with 930 € in the S&P 500 was executed as usual. This basis offers stability and long-term diversification in the portfolio.

Bitcoin $BTC (+0,77%)
The individual purchases with a value of 2.361,92 € reflect the conviction that Bitcoin will continue to gain in importance as an asset class in the long term. With a current weighting of 5,47 % it remains a tactical addition.

Sales:

Altria Group $MO (-1,11%)
The position was sold with a plus of just under 30 % which corresponds to a volume of 1.340 € corresponds to a volume of €1,340. The tobacco giant no longer fits in with the growth strategy, which focuses on innovative and future-oriented companies.

LVMH $MC (-0,39%)
This position was also sold, with a total value of 800 € and a loss of 280,74 €. Despite the quality of the company, the focus is now more on growth-oriented stocks, which is why LVMH no longer fits the strategy.

Portfolio structure and weighting

Security type weighting:

• 49.47 % ETFs - A stable anchor, particularly through the S&P 500.
• 45.05 % equities - The focus remains on individual stocks with potential for growth.
• 5.47 % Bitcoin - A small but increasingly relevant addition.

Top 5 sectors:

IT (25.19 %) - Driver in the portfolio, led by NVIDIA $NVDA (+3,51%) and Apple $AAPL (-0,02%)
Financial services (23.89 %) - Reliable returns with Allianz $ALV (+1,01%) and BlackRock $BLK (-1,05%)
Defensive consumer goods (16.05%) - Stability through P&G $PG (-0,21%) and Walmart $WMT (+0,66%)
Cyclical consumer goods (7 %) - Moderate exposure with potential.

Industrial goods (6.32%) - A diversifying addition.

Country allocation:

• USA (80 %): The dominant market in the portfolio.
• Germany (6.6%): Local stocks such as Allianz and Siemens.
• Other countries (5.54%): Global diversification.
• UK (1.08 %) and France (0.90 %): Smaller positions.

Deep Dive: The top 5 positions

NVIDIA (7.72 %):

Leader in AI development and graphics processors. NVIDIA remains the largest position and a key stock in the portfolio.

Allianz (6.16%):

A defensive anchor with stable dividends and strong market position in the insurance and wealth sector.

Apple (6.03%):

With a focus on services, wearables and technological innovation, Apple remains an essential holding.

Microsoft $MSFT (+1,38%)
(5,65 %):

Leader in cloud services and AI solutions. Microsoft remains a long-term favorite.

BlackRock (5.63%):

The world's largest asset manager benefits from rising capital inflows and remains a mainstay.

Top movers in November

Winner:

• Walmart (+15.55%): Convincing quarterly figures and strategic e-commerce expansion.
• Costco $COST (+0,67%)
  (+14,14 %): Solid performer thanks to strong member retention.
• P&G (+10.89 %): Resilience to crisis pays off.
• S&P 500 ETF (+8.38 %): Benefits from the general market upswing.
• Waste Management $WM (+0,33%)
  (+8,27 %): Stable income from a defensive business model.

Loser:

• Hercules Capital (-2.38%): The BDC specialist had a weak month. A strategic review of this position is imminent.

Conclusion and outlook

November was a very successful monthboth in terms of returns and the strategic realignment.

Key decisions:

• The focus remains on long-term growth through technology and quality stocks.
• The sales of Altria and LVMH show that the portfolio is being consistently adapted to the strategy.
• Hercules Capital is under review and could soon be removed from the portfolio as it no longer fits the growth strategy.

Long-term perspective:

With the savings plan and targeted individual purchases, the portfolio is running on "autopilot". The combination of patience, strategic adjustment and a clear focus on growth stocks strengthens the foundation for a successful future.

The portfolio remains on course - an exciting month with a clear direction!