$LIN (-0,84%)

Linde, the world's largest industrial gases group, is saving against the sluggish economy.

At 33.0 billion dollars, turnover came to a standstill in the past year. Adjusted for currency effects, it rose by two percent, as the American-German company announced on Thursday in Woking, UK.

Adjusted operating profit nevertheless rose by seven percent to 9.7 billion dollars.

CEO Sanjiv Lamba spoke of a "challenging environment" in which Linde had shown its resilience.

The global economy had weakened and Linde was suffering from currency effects in particular.

However, with earnings per share of 15.51 dollars, Linde exceeded its earnings target, which was narrowed down to the lower half of the forecast (15.40 to 15.60 dollars) in the fall. For the current year, Lamba expects earnings growth of eight to eleven percent to 16.15 to 16.55 dollars, adjusted for currency effects.

Hi, I want to use Sunday to ask you for your opinion on my portfolio. I'll give you my reasons for the positions briefly and concisely.

About myself. I'm 25 years old and am studying to become a mechanical engineer. That's why I'm currently holding a large cash position to bridge my time at school. The money will be invested once I have finished. I have only been more stable in my strategy for a year and made the typical beginner mistakes before that. I also hope to beat the market with my shares, but have been proven wrong in recent years. That's why I'm starting to build up a core.

For the rest, I am focusing on companies with a strong balance sheet and want to overweight the tech sector

$AMZN (-2,39%) I have due to the broad positioning. They have strong growth and, with AWS, an excellent market position in a future-oriented sector

$GOOGL (-2,28%) is for me one of the strongest companies in the world, they have an almost monopoly-like position in some areas

$ASML (-0,72%) an absolute monopolist in the chip sector, here I am betting on the blade manufacturer because I understand the system itself. I can't predict who will be ahead of the chip manufacturers in a few years' time. However, it won't work without the machines from Asml

$$UNH (-6,94%) has excellent growth opportunities in the USA as many people there do not yet have health insurance

$NOVO B (+5,32%) I bought with the view that diabetes cases will unfortunately increase worldwide and the weight loss injection sector will also continue to grow. It's just easier to take injections than to change your life fundamentally.

$CRWD (-6,19%) I see one of the strongest future sectors in the world. I picked them up when they crashed, because you can see in which areas they are involved everywhere. Without the crash I would have bought a sector ETF here.

$LIN (-0,84%) I expect the industrial gas sector to continue to grow steadily in the future. In addition, there is only one serious competitor in this market. I am not expecting a growth rocket here, but a stable anchor in the portfolio

$MC (+0,4%) Luxury always works and I think LVMH is well positioned here. Hermes would have been my other candidate, but it is too expensive for me.

$IWDA (-1,03%) I have been running a savings plan for a few months as I only really had a plan for how I wanted to invest about a year ago. It should become my core in the future, as you can clearly see that I have not been able to outperform the indices in recent years. Current savings rate is 500€

$BTC (-1,19%) I consider this to be future-proof after the Etfs and the announcements from various countries. This is also saved monthly with €75.

On the watch list would be stocks like:

$MSCI (+1,13%)

$MSFT (-1,57%)

$NET (-2,1%)

$UBER (-2,45%)

I look forward to constructive opinions and suggestions.

First position opened, tranche 2 and 3 will follow if it goes even lower.

Let's see what happens.

$LIN (-0,84%) is slowly entering an exciting buy zone, or what do you think?

⬆️⬆️⬆️

- BERNSTEIN raises the price target for MOLLER-MAERSK from DKK 9650 to DKK 9700. Underperform. $AMKBY (-1,51%)

⬇️⬇️⬇️

-JPM Securities downgrading $GOOGL (-2,28%)

-JPM Securities downgrading $UBER (-2,45%)

- BERENBERG lowers the price target for EVONIK from EUR 20 to EUR 18. Hold. $EVK (+1,07%)

- BERNSTEIN lowers the target price for DHL GROUP from EUR 42.50 to EUR 41. Outperform. $DHL (+0,55%)

- JEFFERIES lowers the target price for LINDE from USD 550 to USD 522. Buy. $LIN (-0,84%)

- $SOFI (-4,68%) Keefe, Bruyette & Woods Downgrades to Underperform PT to $7 from $8

-UBS starting the year again with some negative data for $AAPL (+0,26%) naming China an issues

$ING (-0,3%) x1500 (no, not the ADR, but I can't get it marked properly right now)

... if they're already managing my securities account and collecting commission, they're welcome to give it back to me as a dividend. And lo and behold: I think I'll get more dividends next year than their commission 😉

$GOOGL (-2,28%) x100

... probably one of the div-growth stocks of the coming years. It's simply part of it. Previously it was also in my other portfolio. But since the transfer was too stupid for me there and the position was quite small, I'm just buying more.

$AFL (-2,16%) x200

...insurance in the broad area of health/retirement/etc. with the current main market in JP and the USA. I don't think you need to say any more about retirement provision in the broader sense in an ageing society. Currently rather low payout ratio for insurance/finance, but offers potential for growth and a higher div yield in the future

$WM (-0,95%) x100

... waste and recycling. Strongly positioned in this area in the USA. I've been annoyed for ages that I didn't get involved. Now I'm just going to get started.

$V (-0,16%) x30

... is part of div growth. Slow build-up, as expensive. Previously also held in my old portfolio.

$LIN (-0,84%) x50

... In my opinion, the market for industrial gases is an oligopoly; Linde is well positioned. Solid growth should be expected.

Out $VST (-7,68%) x250.

... 500 remains. The share has grown unexpectedly well. Take profits

$NEE (+2,37%)

... I didn't buy, but have a small position. In my opinion, a company with future potential, but which could possibly experience some turbulence/uncertainty in the next 4 years (Trump). I am therefore not buying, but I have it on my list to increase my position, probably starting next year. But maybe my 🔮 is wrong 😄

Which shares do you have on your watchlist for 2025? 🚀

I'll start right away: $LIN (-0,84%)
$8001 (+0,66%)
$ZTS (+2,45%)
$FANG (-2,87%)
$MUM (+0,16%)
$HOOD (-7,16%)
$INOD (+3,73%)
$UBER (-2,45%)
$MDLZ (+4,45%)

$LIN (-0,84%)

Industrial gases group Linde, the global leader in the 100-billion-dollar market dominated by three groups - Linde, Air Liquide and the US group Air Products & Chemicals - is benefiting from the high barriers to entry in its business. Following the merger with US competitor Praxair, only a third of Linde's estimated 33.3 billion dollar turnover for 2024 is now dependent on economic fluctuations. Profitability has also improved continuously with Praxair. Even with slower growth in the global economy, analysts believe Linde can achieve annual profit increases of more than ten percent. Because the industrial group's business has always included so-called brown hydrogen from natural gas, Linde is also starting in the front row in the future market of green hydrogen from renewable energies with low risks. The Group has its own specialists in plant engineering and is cooperating with the British manufacturer ITM Power on electrolysers for the production of green hydrogen. Linde's consistent profit increases are reliably rewarded with increases in value. Since 2014, it has averaged just under 18% per year.

The early bird 🦅catches the worm 🐛

$LIN (-0,84%) bought up 👀 at under 400 I would buy more 😬

Last major acquisition this year

$LIN (-0,84%)
$ECL (-0,59%)
$ABBV (+0,94%)

From now on only 2 standing orders

On the one hand $VWCE (-0,92%) and $ETN (-2,59%)