Investing in stocks has become one of the most profitable investments for investors today. The stock market seems more regulated with more significant potential for price increases in the future. Germany today is known to have the largest economy in Europe and one of the wealthiest countries in the world. As the German economy booms investing in German Stocks seems more lucrative and attractive to investors.
The total market capitalization of German companies listed on the German Stock Market Index has recently exceeded 2.6 trillion euros, which is a good sign that the economy is growing. Hence analysts consider the present fall in the stock price as the rife moment to invest in German Stocks.
How to trade German Stocks profitably?
To trade German Stocks profitably, every new investor must pay great attention to the DAX performance index of the German stock exchange. The German DAX is the primary stock market index for the Frankfurt financial centre representing the German economy and its growth, just like the DXY is to the US economy.
DAX is an acronym for Deutscher AktienindeX, which simply means "German Stock Index". The overall performance of the German stock market is measured by DAX 30 and shows the overall performance of the 30 most significant companies listed on the German Stock Market Index. These companies' performance is derived from trading volume and total market capitalization. Every German stock trader must watch the DAX 30 to identify market direction to follow in the German stock market.
10 Best German Stocks to buy today
This is one of Germany's fastest-growing high-quality sports manufacturing companies today. Adidas AG is a renowned manufacturer of sports shoes and other sports equipment. The company produces footwear, sports apparel, and golf clubs and balls. This company today sells its products worldwide. The market capital for this stock is $37.28 Billion. Adidas AG stock is currently up by 1.16% during the Asian session. The current price of this stock is €183.54. There are greater chances for this stock to hit €250 in 2022.
An efficient energy-producing company based in Germany. Today, this company is famous for its efficient energy conversion technologies, especially renewable energy. Siemens specialises in generating, electrification, transmission, transportation, and digitalization technologies. Siemens is reputed as one of the world's largest manufacturers and distributors of easy-to-use digital technologies. The total market capital for this stock is $98.64 Billion. Siemens AG stock is currently down by 2.5% and selling at €115.56 today. However, analysts predict that this stock will likely hit $300 in 2022.
Allianz is an insurance powerhouse in Europe and is extending its services across the globe. Allianz has its headquarters in Munich, Germany. It provides property-casualty insurance, life/health insurance, and asset management services to more than 120 million customers in more than 80 countries. Allianz is the second company in the DAX 40 list to have its HR reporting processes certified under ISO, the approved international standard for human capital reporting. Allianz AG stock is up by 1.73% today, with the price currently at €203. The total market Capital for this stock is €83.987Billion. This stock has the potential to hit €400 in 2022.
This is a German motor company known as Bayerische Motoren Werke (BMW) in the German Language. BMW AG is a strong manufacturer of luxurious cars and motorcycles with headquarters in Munich, Germany. With the transportation companies booming every day, BMW network and market capital has grown significantly. The current market capital for BMW AG is €63.36 Billion. The stock is currently up by 2.3%, with the price at €64.30. This stock is currently very cheap compared to the popular forecast for it. Many experts believe it has a solid potential to reach €200 before the year ends.
This is an abbreviation for "Systems, Applications & Products in Data Processing". SAP SE is a Germany-based multinational software company that produces business application software. It provides software-related services to manage business operations and customer relations. When it comes to Technology development and Software Applications, SAP SE company is the number one market leader today in Europe and extends across the globe. SAP SE stock is currently down by 2.3% and selling at €93, offering a low price for new investors. The market capital for this stock is$110.11 Billion
Jointly owned by the Linde AG of Germany and Praxair of the United States. Linde is a prominent supplier of industrial and medical gases such as carbon monoxide, rare gases, oxygen, nitrogen, argon, and carbon dioxide. Linde has emerged as one of the largest producers of industrial trucks across the globe. Linde has a market capitalization of over $81.34 billion. Interestingly, many investors have been attracted to this stock. The company has consistently kept an excellent record in paying back dividends with an annual increase for the past six years. They have neither missed nor lowered their tips. Linde Stock is currently up by 1% and selling at €300. Analysts predict that this stock will likely hit €500 before year-end.
One of the oldest German Stocks today. The Volkswagen company was founded in 1937 by the German Labour Front, known for its iconic Beetle car, first manufactured in the 1940s. The company produces different types of vehicles, such as Passenger Cars, Commercial Vehicles, and Trucks. Volkswagen group won the largest car supplier global sales in 2016 and 2017 consecutively. The total market Capitalization of this stock is €86.78B. The Volkswagen AG stock is currently down by 0.90%, at €196.60. This stock has the potential to hit €350 before the end of the year.
A leading German-based telecommunication company and is reputed as the number one leading telecommunication company in Europe based on revenue generation. Deutsche Telekom AG was established in 1995 in Bonn, Germany. Deutsche Telekom has a total market capitalization of $95.10 Billion and has over 220 million active users. The company is the 134th most valuable company globally by market capitalization. Deutsche Telekom stock is down by 1.2%. The price is very low for long-term investors selling today at €18.20. There is a high expectation for this stock to hit €100 this year.
Infineon Technologies AG is a famous German producing company established in 1999 in Munich, Germany. Infineon Technologies emerged from the Siemens AG group of companies created 50 years ago. The company's stock was listed on Frankfurt and New York stock exchanges in March 2000 with the symbol IFX. Infineon Technologies has a vast number of employees, with over 60,000 employees working for the company. Infineon Technologies holds a market capitalization of $39.79 billion and sits at position 420 amongst companies. Stock is currently down by 2.5%, at €27.80. Analysts have predicted that this stock could be worth €100 before 2023.
Fresenius Medical Care
This is a German-based healthcare company established in 1996 with its headquarters in Homburg, Germany. Fresenius Medical Care produces Hemodialysis machines, Peritoneal dialysis systems, Water treatment systems, Dialysis consumables, Medical treatment chairs, and other related products. The company is fully dedicated to providing healthcare solutions to chronic and acute kidney diseases. With the significant advancements made daily in providing solutions to human ailments, this company has significantly increased its net worth. It has a market capitalization of $17.45 Billion. The Fresenius Medical Care stock is currently down by 2%, with its price at €56.45. This stock is projected to rise to €120 in 2022.
How to pick the best German Stock CFD to trade today?
In terms of security in trading German Stocks, ATFX is a broker that offers the lowest spread to trade German Stock CFDs. The fact that ATFX uses an electronic communication network (ECN) in executing the trader's orders in the market helps to reduce slippage. This means the trader can get their bid and ask for an order directed at the approximate market prices without hiking or manipulations.
Above all, the German Index DAX is up by 1.58% during the Asian session, while DAX 30 is down a little by -0.50%. This means the German stock is lower today, offering opportunities for buyers to regain the position.