{"id":1447529,"date":"2026-08-31T10:34:13","date_gmt":"2026-08-31T08:34:13","guid":{"rendered":"https:\/\/www.payoff.ch\/news\/the-week-uncertainty"},"modified":"2026-08-31T16:49:56","modified_gmt":"2026-08-31T14:49:56","slug":"the-week-uncertainty","status":"publish","type":"post","link":"https:\/\/www.payoff.ch\/en\/news\/the-week-uncertainty","title":{"rendered":"“The Week”: Uncertainty"},"content":{"rendered":"\n

Switzerland<\/h3>\n\n\n\n

Belimo<\/a><\/strong> (ticker symbol: BEAN SW) is one of the most attractive stocks on the Swiss market: The stock has risen 12.48% since the start of the year. This performance is driven by new partnerships and applications for the small yellow controllers, which can monitor heating and air conditioning systems. According to the models, operating profit (EBIT) could rise from CHF 152.5 million to CHF 400.4 million between 2023 and 2028, meaning the upward trend for this CHF 10.81 billion-market-cap stock is not yet over.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

The stock of the No. 1 company on Zurich’s Paradeplatz, UBS<\/a><\/strong> (ticker symbol: UBSN SW), have risen by 20.48% since the start of the year, with no end in sight for the upward trend. The book value per share could rise from CHF 23.71 to CHF 29.38 between 2023 and 2028. The dividend payout could increase from CHF 0.616 to CHF 1.291 over the same period, in which case reinvesting the dividend in new shares would be a good option.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

Thanks to a significantly improved overall economic outlook, the stocks of the SFS Group<\/a><\/strong> (ticker symbol: SFSN SW) are once again gaining investor confidence, a trend attributed to the company\u2019s clearer strategic focus and new management. Earnings before interest and taxes (EBIT) could rise from CHF 358.6 million to CHF 438.8 million between 2023 and 2028.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

The securities of the Banque Cantonale Vaudoise<\/a><\/strong> (ticker symbol: BCVN SW) have risen by 25.60% since the start of the year. Book value per share could rise from CHF 44.9 to CHF 49.11 between 2023 and 2028. The dividend per share could increase from CHF 4.3 to CHF 4.7 between 2024 and 2028, which would be a remarkable development.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

Europe<\/h3>\n\n\n\n

A breakthrough has been achieved at DSM-Firmenich<\/a><\/strong> (ticker symbol: DSFIR NA): Since the beginning of the year, the stock has risen by 38.60%. Operating profit could rise from EUR 850 million to EUR 1.603 billion between 2023 and 2028, which would be considered extremely significant. The dividend per share could also improve from EUR 2.5 to EUR 2.6, which would make an investment in the stock look attractive for the future.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

The long-term stock price performance of the steel pipe specialist Tenaris<\/a><\/strong> (ticker symbol: TEN IM) can be described as exceptional: Despite a 40.76% increase since the start of the year, the stock continues to be viewed as promising. Book value per share could rise from $14.29 to $18.36 between 2023 and 2028. The dividend could increase from $0.415 to $1.348 over the same period.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

The insurance group Aegon<\/a><\/strong> (ticker symbol: AGN NA) is currently an exceptionally well-positioned stock: In 2026 alone, the stock has risen by 20.87%. Book value per share could improve from EUR 4.27 to EUR 6.207 between 2023 and 2028. The expected EBIT margin for 2028 would be 18.09%, which, by historical standards, would be an excellent figure for the company; reinvesting the dividend in new shares would also be a viable option.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

Shares of the German Symrise<\/a><\/strong> (ticker symbol: SY1 GY) are currently considered an attractive investment. The dividend per share could rise from EUR 1.1 to EUR 1.48 between 2023 and 2028. With an EBIT margin of 16.79% by 2028 and an expected dividend yield of 1.59% in 2028, the overall outlook would support taking a position.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

The securities of the Deutsche B\u00f6rse<\/a><\/strong> (ticker symbol: DB1 GY) have risen by 30.17% since the start of the year. The company forecasts an increase in earnings per share between 2023 and 2028, from EUR 9.35 to EUR 14.95. A record dividend payout per share of EUR 5.476 is projected for 2028 (dividend yield: 1.88%). The EBIT margin could reach a record high of 54.69% in 2028.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

Shares of the Spanish energy company Endesa<\/a><\/strong> (ticker symbol: ENE SM) are considered attractive, with the upward trend expected to continue through the end of 2028. The book value per share of this stock, which has a market capitalization of EUR 43.3 billion, could rise significantly from EUR 6.629 to EUR 9.598 between 2023 and 2028.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

US\/CAN<\/h3>\n\n\n\n

The American technology stock CrowdStrike<\/a><\/strong> (ticker symbol: CRWD US) is considered a stock with great potential among more speculative investors. Operating income could rise from USD 660.3 million to USD 2.532 billion between 2024 and 2029, which would represent a massive increase.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

Conservative investors are betting on the cybersecurity specialist Fortinet<\/a><\/strong> (ticker symbol: FTNT US). The global provider\u2019s operating profit (EBIT) could rise from USD 1.507 billion to USD 3.717 billion between 2023 and 2028. The EBIT margin could reach a peak of 37.11% in 2028.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

The Stock Market High-Flier SharkNinja<\/a><\/strong> (Ticker symbol: SN US) is currently performing very strongly on the stock market. Operating income (EBIT) could grow from USD<\/em><\/em> 638.8 million to USD<\/em><\/em> 1.549 billion between 2023 and 2028, which would be considered exceptionally strong growth.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

The stocks of Manhattan Associates<\/a><\/strong> (ticker symbol: MANH US) are performing strongly on the stock market. The company forecasts an increase in operating profit (EBIT) from $281.5 million to $508.9 million between 2023 and 2028. The return on equity (ROE) is projected to be 36.89% in 2028, which would be considered an excellent figure for this sector.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

Dell Technologies<\/a><\/strong> (ticker Symbol: DELL US) is one of the most interesting stocks on the market. Cash flow per share could rise from USD 4.734 to USD 36.03 between 2023 and 2028, which would reinforce the company\u2019s strategic direction. A record dividend payout is also expected in 2028.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

Arista Networks<\/a><\/strong> (ticker symbol: ANET US) is one of the most interesting stocks on the market. With a market capitalization of USD 246 billion, the book value per share could rise from USD 5.84 to USD 23.48 between 2023 and 2028. With a record EBIT margin of 49.86% in 2028, the overall picture would look promising \u2013 a stock with long-term potential.<\/em>
Trading Strategy: <\/strong>Reload<\/p>\n\n\n\n

<\/p>\n\n\n\n

Sincerely, Your
Fran\u00e7ois Bloch<\/strong><\/p>\n\n\n\n

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Investment idea of the week<\/h3>\n\n\n\n
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It is important to us to provide you with a concrete investment idea. This week, Fran\u00e7ois Bloch has chosen to implement this idea with Adecco<\/a><\/strong>, Clariant<\/a><\/strong>, SIG<\/a><\/strong> and VAT Group<\/a><\/strong> were issued.<\/p>\n\n\n\n

An autocallable multi-barrier reverse convertible with the <\/strong>ISIN CH1530901763<\/strong><\/a> based on the four stocks stands out as a stabilizer in any portfolio, offeringa 20.27% coupon<\/strong>, a barrier at 59.00%<\/strong>, and a 12-month term.<\/p>\n\n\n\n

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Final terms<\/strong><\/a><\/div>\n<\/div>\n<\/div><\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n
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Long-Term Returns with Fran\u00e7ois Bloch and the Coupon Collector<\/h3>\n\n\n\n
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The Coupon Collector Gains Momentum<\/h3>\n\n\n\n

Selected stock ideas from Fran\u00e7ois Bloch, implemented using barrier reverse convertibles\u2014bundled in the \u201cThe Week \u2013 Coupon Collector Index.\u201d<\/strong><\/a><\/p>\n\n\n\n

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Discover our portfolio and products now<\/strong><\/strong><\/a><\/div>\n<\/div>\n<\/div><\/div>\n<\/div>
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This Thursday at 5:00 p.m.: \u201cBloch Live\u201d<\/h3>\n\n\n\n

Look forward to a lively conversation between two experts, fascinating topics, and candid opinions. Be there!<\/strong><\/p>\n\n\n\n

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