Finally !!! This post will cover the remainder of the German stock universe. These remaining “newish” companies only yielded two watch list candidates Overall, I need now to slim down the watch list significantly to maybe 25-30 companies that I want to keep on my radar screen, but that will take some time.
As for the next country series (as time allows): My next target will be Switzerland. First, it is a smaller market with only around 240 local stocks according to the SIX, Secondly, I have currently 3 Swiss stocks in my portfolio (Zur Rose, Richemont, Dufry), so I have some hope that there are more interesting stocks on the Swiss market.
So enjoy the last batch of German stocks !!!!
776. Centogene AG
Centogene is a “rare disease” reseacrh company that seems to be a mixture of German/Dutch locations. The company went public on the Nasdaq in November 2019 at USD 14/ Share but lost around -30% since then. The market cap seems to be around 250 mn USD. Unfortunately not my area of competence, “pass”.
777. Cyan AG
At first some good (or bad) news: By going through the German stock markets once again, I detected that my initial list was already outdated and that I missed quite some new IPOs and listings, so there will be (at least) one more post with German shares after this one before I then can wrap up the series into a condensed watch list.
This time, the 25 (to a certain extent) randomly selected (and US election free) stocks resulted in seven stocks that might be in principal worth watching and/or follow up.
751. L-KONZEPT Holding AG
L-Konzept is a 2.7 mn EUR market cap real estate company that has little business and small but consistent losses. “pass”.
752. Krones AG
Krones, a 1.7 bn market cap company is often considered one of the typical “hidden champions”, being the world leader in manufacturing bottling machinery for the beverage industry. With Covid-19, the whole beverage industry is clearly negatively effected which in turn might make business more difficult for Krones. However if we look at the stock chart, we can see that the stock already peaked in 2018:
And another 25 (almost) randomly selected stocks. This time 5 stocks were in my opinion worth “watching”. As it looks now, there will be only one more post in this series.
726. Smart Equity AG
A 1.7 mn EUR market cap company that calls itself “Experts on Crypto currencies”. “Pass”.
727. InnoTec TSS AG
Innotec is an 88 mn EUR market cap supplier to the construction industry. The company had a nice run up, increasing more than 10x from its low in 2009 until early 2017 as we can see in the chart:
And another 25 (more or less) randomly selected German stocks. This time, only 3 stocks made it onto my preliminary watch list.
701. Morphosys AG
Morphosys is a 3.4 bn EUR biopharmaceutical company that belongs to the “old school” biotechs. Looking at the chart, it took them 2000 year to get back to the level where the first boom in the late 90s pushed them:
And again 25 more randomly selected German shares with short analysis for each one. This time, seven (!!!) candidated were worth “wacthing”.
Maybe one remark: I asked last time for suggestions for the next series. however before I move on, I will also need to thin down the watch list to an amount that I can handle going forward. At the moment, the extended watch list comprises 141 (!!) stocks which I want to slim down to something like 25 or so.
676. mwb fairtrade Wertpapierhandelsbank AG
mwb is a 33 mn EUR market cap securities trading company. For some reasons, the stock price doubled in 2020, mabye a result of overall trading activity. As I do not undertand their business model, I’ll “pass”.
677. Bayerische Motorenwerke AG
BMW is clearly one of the most famous German brands and one of the most successful car manufacturers in the world. With a market cap of ~39 bn USD, it is valued at a fraction of Tesla and the stock price is on a pretty long lasting downtrend:
Another week, another 25 randomly selected German shares. This time, I only found 3 of them to be interesting, however one stock became the biggest position in my German basket yet.
626.Pommersche Provinzial-Zuckersiederei AG
Pommersche is a 2.3 mn market cap company that is very illiquid and only releases very intransparent information. “Pass”.
627. Netfonds AG
Netfonds AG is a 63 mn EUR market cap company that could describe itself as a “Fintech” if they wanted. The company listed directly (no IPO) in 2018 and at first struggled:
Another 25 randomly selected German stocks. This time, there is only one “watchlist candidate” among them.
601. Elbstein AG
Elbstein AG is a 29 mn EUR market cap holding company that is majority owned (75%) by the billionaire Ehlerding family. The company invests among others in listed German companies. The stock price is flat over the last 5 years or so which might indicate that the investment success is limited. Nothing to see for me, “Pass”.
602. Rheinland Holding AG
Rheinland Holding is a small German Insurance company with a market cap of 119 mn EUR. The stock chart is “super boring”, although with a small long term uptrend that one rarely sees with insurance companies over this period:
carefully randomly selected German stocks.
576. TDMI AG
Zombie stock, “pass”.
577. New Work AG (XING AG)
New Work AG (former XING AG) is a very interesting company. The 1.3 bn market cap company is the German speaking version of LinkedIn. I used to be a (happy) member of XING until they began flooding me with tons of unwanted adverts. I still maintain an account there but since then have moved to LinkedIn. That’s maybe one of the reasons why the B2C side seems to be stagnating, but they compensate with increasing B2B revenues. They also run the German version of “Glasdoor” called kununu.
After a 4 week break, a new batch of 25 randomly selected German shares. Seven of them I found worth “watching”, although none of them with super high priority. And only 200 more stocks to go 😉
551. Pfeiffer Vacuum AG
Pfeiffer is a 1.7 bn company that specializes in vacuum technology and especially vacuum pumps. the stock price recovered quickly after the crisis despite a pretty disappointing 2019 and is still within the long term growth path:
Another batch of 25 randomly selected German stocks. This time with some quite interesting or even strange underlying businesses. Five candidates are worth “watching”.
526. VTG AG
VTG is a 1.1 bn market cap company that is renting out/ leasing railway cars and was taken over by a Morgan Stanley infrastructure fund in 2018 at 53 EUR/share. The company has been de-listed and is trading only on the “Pink sheets”. Interestingly the stock price suffered after the crisis but has recovered in the past weeks as well: