Dividend pearl

$ACN (-5,19%)

Hello my dears,

Should this make the stock, which was very battered last year, interesting again?

The share is currently scratching the 200-day line.

Could therefore also become interesting for our traders. @Multibagger
@TomTurboInvest
@Dividendenopi

But also fundamentally in good shape.

With a historically low P/E ratio of 17, which continues to fall.

Aktienfinder says favorably valued

The dividend yield rises to 3%.

15 analysts say BUY

11 analysts say Hold

This could even change positively today.

Accenture is buying the British start-up Faculty and stepping up its focus on artificial intelligence. The deal shows how profoundly the consulting industry is changing.

Accenture acquires the British company Faculty. The deal is part of the strategy to reposition itself as a leading provider of artificial intelligence. The company announced the agreement on Tuesday. The parties involved did not disclose the purchase price. Bloomberg first reported the news.

New head of technology from London

Faculty CEO Marc Warner is moving to Accenture, where he will become Chief Technology Officer. Around 400 Faculty employees are joining the consultancy group. Accenture also plans to offer the Frontier product, which bundles software and analyzes company data for management decisions.

Consulting industry under AI pressure

Like many of its competitors, Accenture is consistently focusing its business on generative artificial intelligence. The technology is intended to increase productivity, but threatens traditional consulting services. CEO Julie Sweet has already stated that 500,000 employees are being trained to use this technology, almost 800,000 in total. The company is also parting ways with employees who cannot be reassigned to AI-related tasks.

Competitors are also reacting. McKinsey and Company is planning to cut 200 technical positions worldwide. According to informed sources, around 10 percent of the global workforce will leave in the long term in order to cushion weaker sales growth.

Faculty as Palantir rival

Faculty was founded in 2014 and competes with providers such as Palantir. The company combines data analysis software with consulting services for companies and government agencies. During the pandemic, Faculty supported the British National Health Service with the coronavirus response.

The start-up works closely with the United Kingdom. It is involved in the Artificial Intelligence Security Institute, which researches secure applications of advanced artificial intelligence. Faculty also helps companies to train employees in the use of AI tools and to develop their own systems.

https://www.wallstreet-online.de/nachricht/20339124-tech-offensive-grosse-ki-deal-accenture-holt-palantir-rivalen

Dear Community,

At the end of the year, I would like to share my portfolio and my strategy with you.

I am 38 years old, have been in the stock market since 2024 and am aiming for financial freedom at the age of 58. Time will tell whether that will work out... 😉 I'm not investing to maximize my profits, but to be able to live a relaxed life in the long term. To this end, I have deliberately separated my investments into two portfolios with a clear purpose.

Portfolio 1 - Growth (ING)

$VWCE (-0,12%) , $XNAS (-1,12%) , $WGLD (-1,6%) and as an admixture some Bitcoin via ETP $IB1T (-5,44%) .

This portfolio is saved monthly until 58 and then remains more or less untouched.

My savings rates would be:

800€ $VWCE (-0,12%)

375€ $XNAS (-1,12%)

150€ $WGLD (-1,6%)

0€ $IB1T (-5,44%) - Position is currently at 10% and should rest for the time being

Portfolio 2 - Cash flow (SC)

Here I am investing via 2 dividend ETFs ($VHYL (+0,38%) , $TDIV (+0,86%) ) and selected quality stocks to build up a steadily growing cash flow. All distributions are reinvested equally in the ETFs. Furthermore, a small cushion is built up here via $XEOD (-0,01%) is built up here.

My savings rates would be

250€ $XEOD (-0,01%)

200€ $VHYL (+0,38%) - Start January 26

200€ $TDIV (+0,86%) - Start January 26

425€ Individual assets (as required, no savings plan, no obligation)

My individual stocks:

Allianz $ALV (+0,92%)

Munich Re $MUV2 (+0,93%)

Procter & Gamble $PG (+1,58%)

PepsiCo $PEP (-0,22%)

Johnson & Johnson $JNJ (-0,26%)

Novo Nordisk $NOVO B (-1,82%)

Lime $LIN (-0,03%)

ADP $ADP (-2,91%)

Waste Management $WM (-2,53%)

Siemens $SIE (+2,59%)

Accenture $ACN (-5,19%)

Alphabet $GOOGL (-1,16%)

Itochu $8001 (-0,47%)

visas $V (-0,46%)

No speculation, no trading. For most people here, extremely boring... 😴 But hopefully the selection will bring some stability to the portfolio in turbulent times. 😉

For the time being, we will stick with these stocks and gradually buy more when good opportunities arise. Each individual position will of course be capped later and should make up between 2-3% of the portfolio (including the proportion within the ETFs). Alphabet would be an exception.

The reallocation idea

Nothing is invested from 58. The plan is to reallocate around 5 % annually from custody account 1 to custody account 2. In this way, growth is gradually converted into cash flow - without significant erosion of assets. And in the best-case scenario, my growth portfolio can continue to grow. I consciously accept taxes 😉

Thank you for reading and have a successful 2026.

P.S. My allocation doesn't fit yet because I've been focusing more on my individual stocks in recent weeks. Chart is also not meaningful because of ING Autosync and Itochu split 🥲

In this video I analyze the three exciting high-potentials Accenture, Renk and Alibaba. You'll get my specific entries, realistic price targets, hedges, as well as a complete technical & fundamental analysis. Perfect for anyone who wants to identify strong stocks before the next push.

ACCENTURE - 50% potential thanks to undervaluation + completed ABC correction I'll show you why $ACN (-5,19%) is one of the most interesting tech service providers in the medium term. The company is fundamentally undervalued, impresses with stable growth figures and has completed an ABC correction on the chart, which favors new upward structures.

➡️ My entry, price target + hedging explained in detail.

RENK - Profiteer of the global armaments boom (50%+ potential) $R3NK (-3,28%) is benefiting massively from the fact that Germany, NATO and the EU want to invest up to 5% of GDP in the defense industry. The company also has a strong presence in the naval sector. The chart shows a clearly defined liquidity reversal, which favors price increases in the medium term.

➡️ You can find my trading strategy, price targets & risk setup in the video.

ALIBABA - the underestimated AI giant from China $BABA (-1,02%) not only launches its new AI glasses on the market, but also becomes one of China's most important AI players thanks to government support. In addition to the large retail segment, a massive AI ecosystem is emerging that will significantly strengthen Alibaba's fundamentals.

➡️ I explain the entry point, price targets and why a comeback is possible here.

What to expect in the video:

✔ Entry points, price targets & hedging for Accenture, Renk & Alibaba

✔ Fundamental valuation + chart technology (incl. trend analysis)

✔ Why all three stocks promise great medium-term growth

✔ Which macroeconomic factors are favoring the rally

Would you prefer a stock from these 3?

https://www.youtube.com/watch?v=XiIzIHu_xDc

$ADBE (-2,16%)
$CRM (-4,71%)
$NOW (-5,57%)
$HUBS (-11,04%)
$UBER (+2,19%)
$INTU (-6,32%)
$MSFT (-4,9%)
$ORCL (-2,69%)
$IBM (-3,3%)
$ACN (-5,19%)

Once popular US software names are lagging behind. Are they a good investment?

Key findings

• Software stocks have significantly lagged AI stocks for most of 2025.
• According to Morningstar analysts, US software stocks are significantly undervalued and many have solid fundamentals despite recent price declines.
• Morningstar analyst Dan Romanoff recommends ServiceNow as an attractive buy.

The artificial intelligence craze has driven many tech stocks to record highs, with the exception of one notable group: software. In fact, many of the largest software stocks are posting significant losses this year. And according to Morningstar equity analysts' metrics, some of them appear to be bargains.

The losses are fueled by lingering fears that AI could fundamentally change the software industry, either by reducing licensing revenue as tasks become easier and less labor-intensive to complete without human intervention, or by making traditional software applications completely obsolete. "There are big concerns," says Dan Romanoff, Senior Equity Research Analyst at Morningstar. "Nobody really knows how this is going to play out."

Combine this with the fact that software companies generate little revenue from AI, a changing forecast for US interest rate cuts and a continued economic slowdown after the Covid-era software boom, and you have a scenario for a "drastic" sell-off that has accelerated since July and intensified last week with dem Einbruch des Technologiesektors intensified even further last week.

A side effect of these losses has been a sharp fall in valuations, with large software companies such as ServiceNow NOW, Salesforce CRM and Adobe ADBE were trading at discounts of 20% or more.

After several quarters of strong gains, there is still plenty of upside potential, according to Romanoff. Even though the pandemic-induced surge in sales has slowed, software stocks regularly outperform the S&P 500 Index in terms of sales growth. "They offer me a lot of attractive elements that haven't really changed," he says, even in the face of new advances in AI.

The software sell-off in the US

While technology stocks in general have soared, the software sector has struggled. Adobe is down 35% over the last 12 months and 27% so far in 2025, pointing to its worst quarter since the bear market in 2022. Salesforce has lost 27% in the last 12 months and is also heading for its worst year since 2022 The shares of HubSpot HUBS have fallen by 45%. The shares of Accenture ACN have fallen by 30 %. ServiceNow shares have fallen by 18 %.

One exception is Microsoft MSFTwhose share price has risen by 19 % in the past year. The company was an early investor in OpenAI and is benefiting from the positive impact of AI on its Azure cloud business.

The Morningstar Global AI & Big Data Consensus Index, which includes stocks commonly held by AI-focused funds and ETFs, has risen by 26.6% over the past year. The Morningstar Software Index has risen by just 2.6 % in the same period. Both indices include Microsoft, which has invested heavily in AI, as well as other mega-cap technology companies such as AlphabetGOOGL/GOOG and Meta Platforms META.

The Morningstar US Software Application Index, which includes software infrastructure companies as well as Microsoft, has fallen by more than 7 % over the past year. The Morningstar US Market Index on the other hand, has risen by 12.9 %.

Romanoff explains that many software stocks have solid fundamentals under the surface and are attractive for investors. This is true even if the AI hype is clouding the outlook. "It's almost like the opposite of the internet bubble around 2000, when everything shot up for no real reason," he says. "Now software is on a downward trajectory."

Why are software company share prices falling?

One of the immediate concerns investors have about AI and software is how the new technology will affect the traditional license-based pricing model that many software-as-a-service companies use. Customers typically pay per license per month for access to the application. If AI leads to efficiencies for a company, that company may need fewer licenses. "If fewer licenses are issued, your revenue as a software company goes down," Romanoff explains. Another concern is of a more existential nature: if AI can make a company more efficient, it could potentially replace the need for a software application altogether.

And although investment and revenue figures in the hundreds of billions of dollars surround AI companies like Nvidia NVDA and OpenAI, Romanoff says the monetization of AI by software companies has so far been "generally uninspiring." Among the companies he studied, with the exception of Microsoft and Amazon AMZNhe estimates that only 1% of revenue comes from AI. "If everyone is building these huge data centers and everyone is announcing these $100 billion deals, but software companies are only creating tiny incremental revenue streams from AI, that's not beneficial for software in general," he says. On the other hand, these low revenue figures could also be a sign that a complete takeover of the industry by AI is not yet happening.

There are also broader macroeconomic factors weighing on software stocks. Romanoff points to investor expectations of faster and larger rate cuts than the Federal Reserve has actually made. Software companies tend to be high-growth companies with most of their cash flows expected in the coming years.

After all, after a huge spike during the Covid-19 pandemic, software sales fell. Investors looking for that explosive growth can now find it elsewhere in the market. "This has weighed on software stocks," explains Romanoff.

Software stocks post strong gains and positive forecasts

Although these fears persist, software companies have reported strong sales growth and promising forecasts in recent quarters. "Overall, the results are consistently positive," says Romanoff. "Many are exceeding expectations, many forecasts are above expectations." However, although "the fundamentals are quite good", share prices have not recovered.

For example die Ergebnisse of Adobe für das dritte Quartal exceeded analysts' expectations in terms of sales growth, operating margins and forecasts. The company also reported increasing momentum in its suite of AI solutions. Nevertheless, the company's share price has fallen further.

Software shares appear significantly undervalued

As the share prices of software companies have fallen, so have their valuations. On November 17, the software index had a price-to-book ratio of 0.89, meaning that the average share was trading at an 11% discount to its fair value estimate. At the beginning of the year, the index was still trading at a premium of up to 5%. The Morningstar US Market Index is currently trading at a discount of 6%.

Some companies are offering even bigger discounts. Adobe shares are undervalued by around 40%, as are HubSpot shares. Salesforce shares are trading 28% below their fair value estimate. ServiceNow shares are undervalued by 23%. Overall, Romanoff estimates that the stocks he monitors are undervalued by around 30% on average. "That's pretty extreme."

Are software shares a good investment?

In view of stable sales, high switching costs and high cash flow margins, "software is very attractive", says Romanoff. He particularly likes the SaaS platform ServiceNow due to its high revenue growth compared to competitors. The share is rated 4 stars and has a broad economic moat.

In addition, there is Microsoft, which has robust software sales and is one of a small group of AI "hyperscalers". Romanoff believes the stock, which he considers undervalued despite its 20% rise this year, is well positioned to benefit from AI in the long term.

Source

https://global.morningstar.com/de/maerkte/fr-softwareaktien-war-es-ein-ki-einbruch-kein-ki-boom?utm_source=eloqua&utm_medium=email&utm_campaign=Germany_Weekly&utm_content=None_69633&utm_id=36229

Goldman Sachs has looked into the issue and is convinced that it will be companies in particular that have extremely high personnel costs and, at the same time, great potential for automation.

The Goldman strategists use very specific figures. They take wage costs as a percentage of turnover and combine them with the proportion of jobs that can be automated using AI. The result is the so-called Phase 4 list of the AI revolution. AI hyperscalers, semiconductor values and data centers correspond to phase 1, phase 2 and phase 3 respectively.

Which sectors are phase 4 candidates? The answer is: software & services, professional services such as management consultancy, tax consultancy, insurance and IT services, because AI loves repetitive knowledge work.

The specific winners in the area of Banking & Finance include Bank of America $BAC (+2,19%)KeyCorp $KEY (+1,18%), PNC $PNC (+1,63%), US Bancorp $TBBK and Truist $TFC (+0,81%). Half of banking work is document processing - that's AI fodder.

For insurers Goldman Sachs calls Aon $AON (+3,63%)Marsh & McLennan $MMC (+5,6%), Willis Towers Watson $WTW (+0%). When AI checks insurance claims, it is a cost revolution.

In the area of IT service providers & consultants the list includes Accenture $ACN (-5,19%), Cognizant $CTSH (-1,11%)EPAM $EPAM (-4,68%)IBM $IBM (-3,3%), Twilio $TWLO (-9,24%), DXC $DXC (-3,19%) and SAIC $SAIC (-2,02%). These companies have consultants - and a large part of their activities can be automated with AI.

Among the software-specialists, Guidewire $GWRE (-9,09%), Manhattan Associates $MANH (+3,33%), Pegasystems $PEGA (-9,9%) and Tyler Technologies $TYL (-9,51%) are mentioned. These are companies that build software for the management of companies - and AI will allow them to deliver their products faster and more cheaply.

In the area of Healthcare Services & Life Science Tools Goldman names Labcorp $LH (+0,89%)IQVIA $IQV (-1,96%) and Certara $CERT (-1,53%)because AI is already involved in medical documentation, study evaluation and diagnostics.

What makes Phase 4 shares so exciting? Every working hour saved has a direct impact on the margin. High productivity stands for high profit leverage. The advantage: unlike hyperscalers or chip companies, they don't need huge investments, but can simply use AI. This means less risk, more leverage and a lower valuation.

Conclusion:

Currently everything revolves around Nvidia $NVDA (-0,28%) , AMD $AMD (-1,63%), TSMC $2330 - i.e. phase 2 stocks. But the next wave is not coming for companies that use AI.

Source text (excerpt) & graphic: Welt, 03.12.25

👋 Hello dear Getquin community,

Today I would like to introduce you to $SHA0 (-3,67%) Schaeffler AG, a traditional German company that is no longer just an automotive supplier, but is increasingly positioning itself as an innovator in the field of robotics and intelligent motion systems. It is particularly exciting to see how Schaeffler is now applying its decades of experience in precision mechanics, drive technology and sensor technology to the development of components for humanoid robots and gripping systems.

Schaeffler presented its Humanoid Technology Exhibit for the first time at CES 2025, where it showed how the company aims to enable motion, power transmission and control in humanoid systems. In cooperation with partners such as $ACN (-5,19%) Accenture, $NVDA (-0,28%) NVIDIA and $MSFT (-4,9%) Microsoft, Schaeffler is working on solutions that will bring robotics and artificial intelligence together in industrial production.

A look at the patent databases shows that Schaeffler has conducted targeted research into robotics in recent years.

Hand gesture control for robot systems: Technologies with which robots can be trained or controlled by human movements.

Elastic gears and drive systems: Central components for precise movements in joints and arms, which are also used in gripping systems.

Joint modules and linear drives: Components that combine force, movement and stability and thus form the basis for future humanoid applications.

Schaeffler is also increasingly expanding its business. As already @Tenbagger2024 reported a few weeks ago, the company is now also active in the defense industry, where it is positioning itself as a supplier of state-of-the-art drive technology and precision components. In the course of the European defense initiatives, in which around 800 billion euros are to flow into the defense industry in the coming years, Schaeffler could also benefit here.

This makes it clear that Schaeffler is repositioning itself with all its might. The company combines tradition with technological innovation and is now much more broadly positioned than just a few years ago. https://getqu.in/Kv6XgX/

My conclusion: Schaeffler is developing from a traditional supplier into an enabler of the robotics industry and at the same time into a serious player in defense technology. The combination of mechanics, electronics and software opens up new opportunities, not only for the automotive world, but also for the next generation of humanoid robots and industrial applications.

What do you think, will Schaeffler become one of the central players between robotics and the defense industry in the coming years or will the focus remain more on traditional industries?

Sources/image/own research

https://www.youtube.com/watch?v=dx1qLCeKWGA

https://www.schaeffler.com/en/media/press-releases/press-releases-detail.jsp?id=88086592&utm_source=chatgpt.com

https://www.schaeffler.us/us/news_media/press_releases/press_releases_detail.jsp?id=88068864&utm_source=chatgpt.com

https://newsroom.accenture.com/news/2025/accenture-and-schaeffler-pave-the-way-for-industrial-humanoid-robots-with-nvidia-and-microsoft-technologies?utm_source=chatgpt.com

https://www.schaeffler.com/de/medien/mediathek/videos/downloadcenter_global_videos/?videoid=88019521&pvideoid=88019522&tab=mediathek-vid&subfilter=app:dc

The sun is shining

Cell phone rings, broker calls

I'm long, brother

Let's do some trading

I'm coming over

Sitting in my trading setup

Think of Accenture times

From the "Market Bunker" boxes

$ACN (-5,19%) Long !!!!! Full throttle!!!