Model Portfolio – Dynamics: Stable corporate profits suggest further purchases
The stock market month of September has so far proven to be remarkably robust. Several titles, primarily from the tech sector, are now of interest to investors.
The global capital market has shown resilience in September, despite being a historically weak month, with high uncertainty over energy prices, interest rates, and AI investments. Global stock markets continued to gain, driven by solid corporate earnings, even as bond yields rose to decade highs in anticipation of future interest rate hikes.
The writer has added to three positions and taken a new one in their "Dynamik-Depot" portfolio, which remains neutral with a 73% stock allocation. The portfolio's focus on major cloud and software providers, including Meta, Amazon, and Tencent, has paid off, with the writer citing strong responses to new AI products and solid financial performance.
The writer has also initiated a new position in Uber Technologies, citing its attractive risk-reward profile and transformation into a profitable cash generator.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
