Hottest Stocks in CW 05/23

wikifolio traders were afraid of missing out last week, especially in connection with chip manufacturer Nvidia. The share price is up around 13 % week on week and a full 36 % month on month. The current bounce back comes after the stock had fallen from over EUR 260 to around EUR 130 last year. Investors interested in this stock should keep an eye out for the publication of the company's Q4 figures on 22 February.

The stock of the up-and-coming Norwegian battery manufacturer FREYR Battery suffered a double-digit slump last week. The losses were due to a downgrading of the stock rating by the US bank Morgan Stanley, including a 50 % reduction in the share price target. The responsible analyst justified this decision, explaining that FREYR Battery is still in its infancy and the company still has to prove in 2023 - a year in which many new battery manufacturers are starting production - that it can actually deliver what it is promising.

The fact that many wikifolio traders so eagerly used the dip in the stock as a buying opportunity could be due to an afterthought in the - initially very pessimistic - analysis. Seeking Alpha quotes analyst Adam Jonas: "We continue to believe that Norway offers unique competitive advantages and that the government has an interest in supporting a strong domestic battery supplier with a view to long-term success."

Last week, wikifolio traders took profits primarily on the stock of the crypto exchange Coinbase. Since Bitcoin has been showing clear signs of life again, Coinbase stocks have also been experiencing rapid growth. The largest cryptocurrency has increased by around 40 % since the beginning of the year. Coinbase's share price has risen by almost 73 % in the same period. So, it's no wonder that some wikifolio traders are seeing profits here for the first time. However, Coinbase still has plenty of scope for further growth. Year on year, its stock is still down by around 65 %. Its all-time high of around EUR 300 euros is a distant prospect, with its current share price of just under EUR 55.

At the end of last week, shattered takeover hopes led to a significant decline in the share price (-18 %) and stock selloffs in the wind farm operator PNE Wind. Details are available from wikifolio trader Christian Scheid (Scheid): "There was a sharp setback in PNE's share price in late trading on Friday. The company announced that US investment bank Morgan Stanley does not want to sell its equity stake in the wind farm project developer (just over 44 %) for the time being."

Scheid, who concentrates on special situations with his wikifolio Special Situations long/short, can already sense the next buying opportunity after the crash: "If there is another setback today (30.01.), I would continue to invest. At prices of EUR 15 to EUR 16, PNE would be valued at about the same level as its competitors, i.e. all takeover speculations would be discounted. Since talk of a buyout is likely to pick up again soon, I expect to see a recovery to around the EUR 17- EUR 19 mark."

Disclaimer: Every investment in securities and other forms of investment is subject to various risks. Explicit reference is made to the risk factors in the prospectus documents of Lang & Schwarz Aktiengesellschaft (Final Terms, Base Prospectus together with supplements and the Simplified Prospectuses, respectively) at wikifolio.com , ls-tc.de and ls-d.ch. You should read the prospectus before making any investment decision in order to fully understand the potential risks and rewards of the decision to invest in the securities. The approval of the prospectus by the competent authority should not be construed as an endorsement of the securities offered or admitted to trading on a regulated market. The performance of the wikifolios as well as the respective wikifolio certificates refers to past performance. Future performance cannot be inferred from this. The content of this site does not constitute investment advice or a solicitation to buy or sell securities. This applies in particular to countries in which such an offer to buy or sell is not permitted. For further information, please refer to our General Terms and Conditions.