Companies from traditional industries are currently performing best.
(Photo: dpa)
Dusseldorf The stock market world has changed over the past year: Technology stocks worldwide are only making below-average gains. Instead, companies in traditional industries are performing best, including even stocks that have long been considered “burned” because their prices once plummeted more than 90 percent.
Four of the following portrayed Dax companies with price gains of up to 110 percent over a year are united in that they are not very spectacular and experience a rather below-average perception in the Dax stock exchange world.
The family-dominated Beiersdorf Group, for example, balances so carefully that quarterly profits are not even published. The annual figures show bulging coffers and rising profits. The group’s outlook fuels speculation that the dividend, which hasn’t changed for more than a decade, could soon increase.
What the four companies also have in common is that their business models are likely to be popular for a longer period of time in these new times, which are characterized by sharply rising prices and interest rates.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Further
Read on now
Get access to this and every other article in the
Web and in our app — 4 weeks for €1.
Further