Trading Desk
“The Week”: Concerns about stagflation
-
François Bloch
Experte
– Novartis shows remarkable resilience – Sensational comeback of Swedish Orphan Biovitrum – Dell Technologies performs excellently in the current market environment
Switzerland
New on the recommendation list are the shares of Barry Callebaut (ticker symbol: BARN SW). Here, the operating result (EBIT) is expected to increase from CHF 659.4 million to CHF 798.8 million between 2023 and 2028, with a market capitalization of CHF 7.38 billion. The expected dividend yield could be 2.27% in 2027 and would therefore be at a solid level compared to the Swiss market average.
Trading strategy: Reloading
The food specialist Emmi (ticker symbol: EMMN SW) continues to perform excellently and should therefore be analyzed in depth. The operating result (EBIT) could rise from CHF 258.2 million to CHF 383.6 million in the period between 2023 and 2028. This would be a clear exclamation mark. The return on equity could reach the 18.28% mark by 2028.
Trading strategy: Reloading
In this market phase, the shares of the Basel-based pharmaceutical group Novartis (ticker symbol: NOVN SW) are proving remarkably resilient. The operating result (EBIT) could improve from CHF 16.372 billion to CHF 25.250 billion between 2023 and 2028. Over the same period, the dividend per share could rise from CHF 3.823 to CHF 4.762, further increasing the attractiveness of the share.
Trading strategy: Reloading
The shares of Vontobel (ticker symbol: VONN SW) are performing very well: they have gained 4.51% since the turn of the year 2025/2026. The book value could rise from CHF 37.85 to CHF 50.28 in the period from 2023 to 2028. The dividend yield could reach the remarkable level of 4.8% in 2027. Here it would be crucial to continuously reinvest the dividend in new securities.
Trading strategy: Reloading
The shares of SFS Group (ticker symbol: SFSN SW) are currently performing quite well: The operating result (EBIT) could rise from CHF 358.6 million to CHF 431.8 million in the period from 2023 to 2028. The dividend could rise from CHF 2.50 to CHF 3.188 in the same period, thus reaching a record level. To achieve the full benefit, a long-term approach is required.
Trading strategy: Reloading
Europe
I am very bullish on the shares of the French-Italian technology company STMicroelectronics (ticker symbol: STM FP): The long-term potential of the EUR 29.9 billion stock should be taken into account. The book value per share could rise from EUR 17.72 to EUR 24.52 in the period from 2023 to 2028. It would be important to reinvest the dividends in new shares every year.
Trading strategy: Reloading
The papers of Swedish Orphan Biovitrum (ticker symbol: SOBI SS) have staged a sensational comeback: Since the turn of the year 2025/2026, they are up 15.87% on the EUR 12.22 billion stock (converted from SEK). The book value per share could increase from SEK 85.6 to SEK 140.2 in the period from 2022 to 2027, which would be excellent. Earnings per share could also increase from SEK 8.84 to SEK 20.35 in the same period.
Trading strategy: Reloading
The securities of the French oncology specialist Ipsen (ticker symbol: IPN FR) are performing more than convincingly: since the turn of the year 2025/2026, they have recorded an increase of 32.52%. The book value per share could rise from EUR 45.64 to EUR 84.21 in the period from 2023 to 2028. Here, too, it would make sense to reinvest the dividend annually in new shares.
Trading strategy: Reloading
The Italian Tenaris (ticker symbol: TEN IM) is a leading manufacturer of steel pipes for the oil and gas industry. The book value per share could increase from EUR 14.29 to EUR 17.06 in the period from 2023 to 2027.
Trading strategy: Reloading
US/CAN
For growth-oriented investors, it could be worthwhile to invest in the shares of Corning Incorporated (ticker symbol: GLW US). The US company’s operating profit (EBIT) could rise from USD 2,243 billion to an impressive USD 5,861 billion in the period from 2023 to 2028, which would represent a huge leap for the USD 118 billion stock.
Trading strategy: reload
I find the phosphate goods stock CF Industries (ticker symbol: CF US) extremely exciting: The company is showing real power! The book value per share could rise from USD 29.58 to USD 41.47 between 2023 and 2028. The USD 20.96 billion stock could impress with a particularly smart business model.
Trading strategy: Reloading
The papers from Dell Technologies (ticker symbol: DELL US) are performing excellently in the current market environment and are reaching new temporary highs. Something extraordinary could be on the horizon here. The operating result (EBIT) could improve from USD 7.678 billion to USD 13.815 billion between 2023 and 2028. At the same time, earnings per share could rise from USD 7.03 to USD 10.92 over the same period.
Trading strategy: Reloading
I am fascinated by the US company Casey’s General Stores (ticker symbol: CASY US): +29.53% since January 1, 2026. If everything goes according to plan, the operating result (EBIT) could increase from USD 639.3 million to USD 1.172 billion between 2023 and 2028, which would represent a clear demonstration of power.
Trading strategy: Reloading
The shares of Exxon Mobil (ticker symbol: XOM US) are experiencing an extremely strong rise on the New York Stock Exchange. The book value per share could rise from USD 51.57 to USD 67.77 in the period 2025 – 2028 – a truly fascinating development.
Trading strategy: Reload
Coterra Energy (ticker symbol: CTRA US) has great potential for the future. The book value per share could rise from USD 17.26 to USD 26.24 in the period between 2023 and 2028. Cash flow per share could also increase significantly from USD 4,525 to USD 7,436, which would be a clear exclamation mark.
Trading strategy: Reloading
Finally, the papers from Cheniere Energy (ticker symbol: LNG US) are on the rise: Between 2023 and 2028, the book value per share could rise from USD 21.35 to USD 65.05 – a remarkable development. If everything goes according to plan, the long wait could pay off and the dividend could be reinvested annually in new shares.
Trading strategy: Reloading
The American exploration company Targa Resources (ticker symbol: FANG US) is currently working its way out of the market lows. Between 2023 and 2028, the operating result (EBIT) could improve from USD 2,626 billion to USD 4,539 billion.
Trading strategy: Reloading
On closer inspection, the shares of Antero Resources (ticker symbol: AR US) are convincing. Between 2023 and 2028, the operating result (EBIT) could increase from USD 453.1 million to USD 1.88 billion – an excellent result for the USD 13.93 billion company. Book value per share could also rise from USD 23 to USD 34.68 over the same period.
Trading strategy: Reloading
Yours sincerely,
François Bloch
____
Information on “Bloch live” and the investment idea of the week
____
