14 September 2025 Springfield Shopper

Among other things

• Intuit $INTU (+0,25%)
• 
  UFP Technologies $UFPT (+0,03%)
• 
  Group 1 Auto $GPI (-0,26%)
• 
  Carrier Global $CARR (+0,22%)
• 
  Simpson $SSD (-0,14%)
• 
  ICE $ICE (+0,1%)

Strengthen its portfolio, further "takeovers" are not ruled out.✌️😁

Which company should Homer J Simpson still acquire?

A lot has happened in my portfolio again in recent weeks. In addition to a few sales (including $GOOGL (-0,73%) and $NVDA (+0,31%)) from hot sectors, I have built up cash and diversified further ($CMG (+0,17%)
$SNPS, (-0,13%)
$BRO (-0,19%)
$AMGN (-0,38%)
$LSEG (-2,46%)). Further acquisitions and new entries (e.g. $INTU (+0,25%)
$ADP (+0,12%)
$WM (-0,09%)
$CTAS (-0,25%)
$RMS (-0,7%)) are planned. As short- to medium-term trades, I have invested in $Adobe (+0,07%) and $TTD (+0,02%) as short to medium-term trades. I mainly invest for the long term, but a correction (technology, cloud) including sector rotation (consumer, pharma, software) seems inevitable to me. I am therefore taking a wait-and-see approach and, if necessary, I will reenter $GOOGL (-0,73%) and $NVDA (+0,31%) again at the appropriate time.

Please let me know what you think.

I will probably share future updates with you every two months at the beginning of the month (November, January,...).

I wish you all a successful time.

Handelsblatt evaluated the portfolios of the 1,000 investors with the highest investment amounts who had reported fewer than 250 positions to the SEC as of June 30, 2025. This is intended to exclude providers of particularly broadly diversified ETF funds.

The tech sector continues to dominate the portfolios as the most important industry. At 21.8%, the share rose again to its highest level since the end of 2024. The financial sector follows in second place with 14.5%. The healthcare sector and real estate shares have lost much of their importance. Both were represented in the portfolios at the end of July with just under 5% less weighting.

Many professional investors took shares in Microsoft $MSFT (-0,26%) Amazon $AMZN (+0,28%) , Alphabet $GOOGL (-0,73%) and Nvidia $NVDA (+0,31%) into their portfolios or increased their weighting. Tesla $TSLA (+0,95%) also made strong gains. A quarter of institutional investors had Elon Musk's company in their portfolios at the end of July.

Of the major tech stocks, only Apple $AAPL (-1,56%) clearly shows weaknesses. The average share of the iPhone manufacturer in the professional portfolios fell by almost 20 percent to 5.3 percent.

Smaller software companies have also moved the portfolios. Handelsblatt has calculated the fastest-growing portfolio positions among the 100 largest tech companies.

According to the report, the most hotly traded tech climber at the moment is Samsara $IOT which produces networked solutions for industrial means of production, including networking and tracking trucks. The number of shares in the Californian company in the portfolios increased sevenfold in the second quarter. The cybersecurity provider Crowdstrike $CRWD (+0,18%) from Texas also made strong gains.

The most important investments outside of tech companies

Alongside the tech giants, the list of the most important companies is headed by Visa $V (+0%) and Broadcom $AVGO (+0,6%) followed by Johnson & Johnson $JNJ (+0,84%) and Mastercard $MA (+0,33%) and Eli Lilly $LLY (-0,08%)

New among the 20 most important investments after the Mag Seven is the accounting software provider Intuit $INTU (+0,25%).

Source: Text (excerpt) and graphics: Handelsblatt, 25.08.2025

Greetings from your vacation!

$1810 (-0,62%)
$9868 (-2%)
$HD (-0,09%)
$PANW (+0,17%)
$9888 (+0,85%)
$TGT (+0,14%)
$EL (-0,79%)
$BABA (+0,5%)
$WMT (-0,17%)
$INTU (+0,25%)
$WDAY (+0,24%)
$ZM (+0,1%)

Jefferies raises price target for Intuit

On Friday, May 23rd, analyst Brent Thill from Jefferies raised the price target for Intuit Inc. $INTU (+0,25%) from 735 dollars to 850 dollars and maintained the buy recommendation. This adjustment is no coincidence: Intuit has consistently exceeded revenue forecasts in all areas over the last three quarters, demonstrating a strong and consistent performance. The company's positive development is not only reflected in the figures, but also in the growing confidence of analysts.

Intuit has also raised its forecast for the 2025 financial year. The company now expects growth of 15% compared to the previous year, in contrast to the previous estimate of 12-13%. The main driver of this growth is TurboTax Live, which has significantly increased its market share in the assisted tax filing segment. The Credit Karma platform, which is part of the company's portfolio, has also seen strong year-on-year growth of 29% to 36% in the first quarter of FY2025. These impressive results show that Intuit is on the right track and that the company's products are well received by customers.

For the 2026 financial year, Intuit plans to launch new products that will be equipped with advanced agent AI. These products are expected to be higher priced and could further boost sales growth. Thill highlights the company's strong results in the third quarter of FY 2025 and sees the promising outlook supported by innovative new products as a reason to raise the price target. The analyst is optimistic that Intuit's development will have a lasting positive impact on both the market position and the share price.

Tariffs influence companies in the USA

In a dynamic tariff environment, Jim Kelleher, CFA, Director of Research, asked the Argus analyst team about the impact of tariffs on companies in the Argus universe. The White House's tariff policy has been a source of much excitement recently, as tariffs have been imposed or announced, but often paused or withdrawn. Most recently, China and the US have agreed to reduce base tariffs to 10% for 90 days, which has brought relief to many companies. Nevertheless, uncertainty is high and many companies are trying to react proactively to various tariff scenarios.

Companies expect both direct and indirect effects from tariffs. Direct effects include higher costs for imported finished goods and components as well as lost sales that may result from counter-tariffs in other countries. Indirect effects could result in a general slowdown in the economy, forcing companies to adjust their strategies. Almost every company in the Argus analysis has commented on the tariffs, similar to comments made five years ago in relation to the challenges of the COVID-19 pandemic. These comments provide valuable insight into the difficulties companies are facing in light of the current trading situation.

Sources:

https://finance.yahoo.com/news/jefferies-raises-intuit-intu-price-210016219.html

https://finance.yahoo.com/quote/AAPL/

Stellantis falls after Trump's tariff demand

The shares of Stellantis $STLAM (+0,04%) recently took a hit after President Trump called for a drastic 50% tariff on goods from the European Union. The announcement sent the company, which sells popular car brands including Chrysler and Fiat, down about 5%. Trump spoke out on Truth Social and made it clear that the EU is causing difficulties and negotiations have stalled. In an additional review, Stellantis reported a 14% drop in sales in the first quarter compared to last year. The uncertainty surrounding tariffs has led the company to refrain from forecasting future profits, adding to the strain.

Apple under pressure from possible tariffs

Shares in Apple $APPLE (-2,96%) shares have also lost value after Trump hinted at imposing a tariff of 25% or more on internationally produced iPhones. Although Apple is already taking steps to move some production to India, an iPhone made in the US could cost up to $3,500 - an exciting but worrying prospect for the company. Analysts point out that a full-scale relocation of production to the US could take years, which only adds to the uncertainty for Apple. In addition, rising prices could have a significant impact on consumer purchasing decisions, which would pose a serious challenge for the company.

Intuit benefits from strong quarterly figures

In contrast to the problems at Stellantis and Apple, Intuit $INTU (+0,25%) recently saw its shares rise by around 7.5%. The company presented better-than-expected results for the third quarter and attributes its success to targeted investments in AI products, which have had a positive impact on tax results. Thanks to these developments, the forecast for revenue growth was raised from 12% to 15%, underlining Intuit's positive turnaround and forward-looking direction.

European luxury industry under pressure from US tariffs

On Friday, European luxury stocks suffered a severe setback after President Trump announced his intention to recommend a flat tariff of 50% on goods from the EU from June 1. Renowned brands such as LVMH and Hermes suffered declines of around 3% and 4% respectively. The luxury industry is heavily reliant on the US market, which is seen as a key growth opportunity, while demand from China is slowing. Analysts emphasize that the industry has limited options to relocate production to the US, which could further increase the impact of tariffs. The French and Italian luxury industries in particular, which export a significant proportion of their products to the USA, are now facing major challenges.

Sources:

https://finance.yahoo.com/video/stellantis-apple-fall-tariff-threats-133726420.html

https://finance.yahoo.com/news/trumps-tariffs-hit-european-luxury-132718525.html

Numerous exciting quarterly figures are due this week. Particularly in focus: Palo Alto Networks ($PANW (+0,17%)), Snowflake ($SNOW (+0,54%)), Target ($TGT (+0,14%)), Intuit ($INTU (+0,25%)), Workday ($WDAY (+0,24%)), Deckers Outdoor ($DECK (+0,45%)) and BJ's Wholesale ($BJ (+0%)).

⸻

📅 Monday (19.05.)

- Trip.com ($TCOM)

- ZIM Integrated Shipping ($ZIM)

- 8x8 ($EGHT)

- Gilat Satellite ($GILT)

- Agilysys ($AGYS)

- Compugen ($CGEN)

- Transcat ($TRNS)

📅 Tuesday (20.05.)

- Palo Alto Networks ($PANW)

- Bilibili ($BILI)

- Tuya ($TUYA)

- Modine ($MOD)

- Toll Brothers ($TOL)

- Viking Holdings ($VIK)

- Amer Sports ($AS)

- Arbe Robotics ($ARBE)

- XPeng ($XPEV)

- Full Truck Alliance ($YMM)

- XP Inc ($XP)

📅 Wednesday (21.05.)

- Target ($TGT)

- TJX Companies ($TJX)

- Baidu ($BIDU)

- Medtronic ($MDT)

- Wix.com ($WIX)

- Urban Outfitters ($URBN)

- Domo ($DOMO)

- American Superconductor ($AMSC)

- Qifu Technology ($QFIN)

📅 Thursday (22.05.)

- Analog Devices ($ADI)

- BJ's Wholesale ($BJ)

- Deckers Outdoor ($DECK)

- Autodesk ($ADSK)

- Intuit ($INTU)

- Workday ($WDAY)

- Ross Stores ($ROST)

- Advance Auto Parts ($AAP)

- Lightspeed Commerce ($LSPD)

- TD Bank ($TD)

- Keysight Technologies ($KEYS)

📅 Friday (23.05.)

- Booz Allen Hamilton ($BAH)

🔗 Full overview: earningswhispers.com/calendar

JP Morgan $JPM (+0,02%)

Visa $V (+0%)

Chubb $CB (+0,84%)

Blackrock $BLK (-0,02%)

Intuit $INTU (+0,25%) (very expensive)

German Stock Exchange $DB1 (-2,36%)

S&P Global $SPGI (+0,28%)

HDFC Bank
$HDFCBANK (speculative - India bet)

I would be interested to know which are your favorites for a long-term investment?