“The Week”: A positive atmosphere

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  François Bloch
  Experte

Switzerland

The shares of Bank Julius Baer (stock exchange symbol: BAER SW): +3.59% within one week. This means that a positive annual result for 2026 is once again within reach. My analysis assumes that the operating result (EBIT) will improve from CHF 1.182 billion to CHF 1.577 billion between 2023 and 2028.
Trading strategy: Reloading

I am convinced of the potential of VZ Holding (stock exchange symbol: VZN SW): The operating result (EBIT) is expected to rise from CHF 218.9 million to CHF 356.6 million in the period from 2023 to 2028. An exceptionally strong development. It would be crucial to consistently reinvest the dividend in new shares. The dividend per share could therefore increase from CHF 2.24 to CHF 3.884 in the same period.
Trading strategy: Reloading

The securities of DKSH Holding (stock exchange symbol: DKSH SW) are trading at a price/earnings ratio of less than 16 for the first time. The expected dividend yield of 4.59% in 2027 is noteworthy in this context. My models forecast an increase in the operating result (EBIT) from CHF 329.9 million in 2023 to CHF 408.5 million in 2028.
Trading strategy: Reloading

The shares of Emmi (stock exchange symbol: EMMN SW) are not yet in the focus of many value investors. According to my models, the operating result (EBIT) would increase from CHF 258.2 million to around CHF 389.6 million in the period from 2023 to 2028. The share could therefore be suitable for patient investors with a long-term investment horizon who are looking for steady performance. Reinvestment of dividends could potentially have a positive impact on total return in the long term.
Trading strategy: Reloading

The share of Banque Cantonale Vaudoise (stock exchange symbol: BCVN SW) are performing increasingly solidly, but are still rather under the radar of the broad market. The book value per share could probably rise from CHF 44.9 to CHF 48.9 in the period from 2023 to 2028. With a market capitalization of around CHF 10.5 billion, this development appears quite attractive in relation to the fundamental data. The expected dividend yield for 2027 is a possible 3.76%.
Trading strategy: Reloading

Europe

Repsol (stock market symbol: STM FP) have taken off like a rocket: since the beginning of the year, the stock has risen by 43.05%, making it one of the better performers in Europe. According to my analysis, the book value per share is likely to increase from EUR 21.53 to EUR 29.76 between 2023 and 2028. The rising dividend payments in particular could be additionally attractive for investors in the coming years and possibly further support the total return.
Trading strategy: Reloading

At the German Infineon Technologies AG (stock symbol: IFX GY) is currently doing very well: since the beginning of the year, the share price has risen by 51.42%, making it one of the best performers in the European technology sector. According to my models, cash flow per share could rise from EUR 3.032 to EUR 4.02 between 2023 and 2028. In addition, the stock could remain strategically interesting in view of possible structural or consolidating developments in the sector due to its market position in the semiconductor sector.
Trading strategy: Reload

The Austrian Raiffeisen Bank International (stock exchange symbol: RBI AT) is excellently positioned: The book value per share could improve from EUR 51.71 to EUR 65.52 between 2023 and 2028. The expected EBIT margin for 2028 would be around 33.15%, which would be very strong by historical standards. The reinvestment of dividends in additional shares could also prove advantageous in the long term, as this would further strengthen the compound interest effect.
Trading strategy: Reloading

For all those interested in the shares of OMV AG (stock exchange symbol: OMV), there is good news: Earnings per share could improve from EUR 4.53 to EUR 7.147 between 2023 and 2028. In addition, an EBIT margin of 20.27% based on a market capitalization of around EUR 19.61 billion could be achieved in 2028. In this scenario, the expected dividend yield would be around 8.22%, which would make the share particularly attractive for income investors.
Trading strategy: Reloading

The shares of the British HSBC Holdings (stock exchange symbol: HSBA LN) appear attractive. Hopes are high that the positive trend will continue until the end of 2028. In the period from 2023 to 2028, the book value per share could increase from USD 9.515 to USD 12.37, which would represent a significant fundamental improvement.
Trading strategy: Reloading

US/CAN

Forward-looking investors back the shares of Quanta Services (stock market symbol: PWR US). With the “power value of the future”, the operating result (EBIT) could improve significantly from USD 1.128 billion to USD 3.235 billion between 2023 and 2028. In addition, the EBIT margin could reach a new company record of around 7.29% in 2028.
Trading strategy: Reloading

At the moment I am extremely enthusiastic about Applied Optoelectronics (stock market symbol: AAOI US), which is currently showing a very strong share price and fundamentals. According to model assumptions, the operating result (EBIT) could improve significantly from USD -37.06 million to USD 353.7 million in the period from 2022 to 2027. This would represent a significant turnaround in the operating business.
Trading strategy: Reloading

The papers of MasTec Inc. (stock market symbol: MTZ US) are performing magnificently. The operating result (EBIT) could increase significantly from USD 80.11 million to around USD 1.409 billion in the period from 2023 to 2028. This development would reflect a strong operational scaling of the business model. The return on equity could be around 6.67% in 2028.
Trading strategy: Reloading

May I present to you the share of Iron Mountain Inc. (stock market symbol: IRM US): The operating result (EBIT) could increase significantly from USD 921 million to around USD 2.229 billion in the period from 2023 to 2028. The EBIT margin could reach a value of around 24.95% by 2028. This would indicate very strong operating efficiency and make the business model appear correspondingly attractive.
Trading strategy: Reloading

In my opinion, the shares of Micron Technology (stock market symbol: MU US) are something very special: according to calculations, the operating result (EBIT) could improve significantly from USD -4.819 billion to USD 120.414 billion in the period from 2023 to 2028, with an enterprise value of around USD 611 billion. An EBIT margin of 75.299% in 2028 would indicate exceptionally strong profitability and make the share a very interesting long-term value.
Trading strategy: Reloading

Yours sincerely,
François Bloch

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Investment idea of the week

It is important to us to provide you with a concrete investment idea. This week, François Bloch has opted for an implementation with Adidas, Nike and Under Armour pronounced.

A barrier reverse convertible with the ISIN CH1530885461 on the three shares offers an attractive coupon of 20.20%, with a barrier at 59.00% and a term of 12 months as a stabilizer in any portfolio.

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You can look forward to a lively discussion between two experts, exciting topics and honest opinions. Be part of it!

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Disclaimer
payoff Media AG and François Bloch receive neither payments nor commissions from the products mentioned.