Porsche AG and Sartorius at risk of DAX descent - these two stocks identified as financially lucrative
As the third quarter of 2022 comes to a close, the DAX index and its constituent companies are set to undergo a review of their composition. The Deutsche Börse will assess the performance of the DAX, MDAX, SDAX, and TecDAX, with the results to be announced after the US market close on September 3 and taking effect on September 22.
Anticipated Changes in the DAX Index
According to estimates by US bank JPMorgan, the DAX is expected to have only two changes in its composition during the September review. Among the notable shifts, Lufthansa had a chance of moving up to the DAX, but this option is now off the table. Sartorius, a pharmaceutical and laboratory supplier, is expected to drop from the DAX to the MDAX. Porsche AG is also expected to drop from the DAX to the MDAX.
Companies to Watch: Scout24 and GEA Group
Scout24
Scout24 (WKN: A12DM8) has been on the AKTIONÄR recommendation list since being added in 2022, and the digital marketplace operator has seen a significant rise of more than 122 percent since then. Despite a recent breather after a strong rally in recent months, AKTIONÄR remains convinced of Scout24's continued success. Analyst Pankaj Gupta even predicts that Scout24 will move up from the MDAX to the DAX.
GEA Group
GEA Group (WKN: 660200) has recently presented strong half-year results and has raised its forecast for the full year. The company's stock was newly recommended by AKTIONÄR in August, and the outlook for GEA Group remains positive, with growth expected to accelerate even further next year. Analyst Pankaj Gupta also predicts that GEA Group will move up from the MDAX to the DAX.
The Impact of Economic Conditions and Sector-Specific Factors
The performance of companies like Scout24 and GEA Group in September 2022 would have been underpinned by economic resilience, consumer behavior, and industrial demand. As of recent analyses, the DAX index's performance is influenced by various factors, including economic data, geopolitical tensions, and central bank policies. For instance, the DAX has shown resilience in the face of economic headwinds, such as U.S. tariffs and high interest rates, partially due to positive German economic indicators like the increase in manufacturing PMI.
Disclosure of Potential Conflict of Interest
It is important to note that Bernd Förtsch, the management and majority shareholder of the publisher Börsenmedien AG, holds direct and indirect positions in Dr. Ing. h.c. F. Porsche AG preferred shares.
In conclusion, the September 2022 review of the DAX index and its constituent companies promises to bring about exciting changes. As the dust settles, investors will closely watch the performance of Scout24 and GEA Group, two companies with promising growth prospects.
In the upcoming September 2022 review of the DAX index, Scout24 and GEA Group are expected companies to watch, with analyst Pankaj Gupta predicting that both could potentially move up from their current positions in the MDAX to the DAX. The performance of these companies is influenced by various factors such as economic resilience, consumer behavior, industrial demand, and sector-specific factors, yet are also affected by broader economic conditions, geopolitical tensions, and central bank policies.
