This “recession basket” includes well-known values from the leading index Dax.
Dusseldorf Concerns about inflation, interest rates and recession are putting pressure on the stock markets again. In these phases, investors look for stocks in companies with reliable and constantly growing earnings instead of risky prospects for the future.
Online broker Etoro has put together an equally weighted basket of ten German stocks that have outperformed the rest in past downs and ups. According to calculations by Etoro, this basket topped the Dax by 86 percent during the global financial crisis of 2008/09. Since 2008, on the eve of the financial crisis, it has increased by almost 800 percent, while the Dax has only doubled.
This “recession basket” includes well-known values from the leading index Dax such as Linde, but also lesser-known names. The Handelsblatt has subjected each title to a detailed check with a view to price opportunities and risks. This reveals a few surprisingly defensive stocks – but also some high-risk growth stocks.
1. Defensive and expensive: Beiersdorf
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