{"id":9568,"date":"2024-11-07T10:45:24","date_gmt":"2024-11-07T09:45:24","guid":{"rendered":"https:\/\/meine-renditeimmobilie.de\/?p=9568"},"modified":"2025-08-18T11:20:31","modified_gmt":"2025-08-18T09:20:31","slug":"which-stocks-to-buy-40-plus-high-return-stocks-with-return-triangles","status":"publish","type":"post","link":"https:\/\/meine-renditeimmobilie.de\/en\/which-stocks-to-buy-40-plus-high-return-stocks-with-return-triangles\/","title":{"rendered":"Which Stocks to Buy: 40+ High-Return Stocks with Return Triangles"},"content":{"rendered":"<p style=\"font-weight: bold\">\r\n\tWe have created return triangles with dividends included for over 40 high-return stocks so that you can see the history of returns for yourself. In previous articles, we have already presented our very simple strategy along with other tips around stock purchasing.\r\n<\/p>\r\n<p>\r\n\tWith 22 tech stocks out of <strong>55<\/strong> companies, our selection is tech-heavy. We expect the AI boom to make the next two decades even more of a technology age than the last two decades with the internet and smartphones.\r\n<\/p>\r\n<p>\r\n\t<strong>Note<\/strong>: This article does not constitute an investment recommendation. Decide at your own risk whether and which stocks to buy.\r\n<\/p>\r\n<p>\r\n\t<strong>Transparency<\/strong>: Several Meine-Renditeimmobilie employees involved in this article have some of the listed stocks in their private portfolios.  \r\n<\/p>\r\n\r\n<h2>February 24, 2025: Question Marks for US Stocks Due to Trump<\/h2>\r\n<p>\r\n\tThe very US-focused stock selection in this article needs to be somewhat revised due to recent developments in the United States. Trump&#8217;s unpredictable and unorthodox policies appear to make US stock markets more volatile than desirable, as observed last Friday when the S&#038;P 500 dropped by a remarkable 2% within hours.\r\n<\/p>\r\n<p>\r\n\tAs of the end of February 2025, we now recommend focusing more on European stocks, such as German, French, British, Dutch, Danish, and Scandinavian equities, while slightly reducing exposure to US stocks.\r\n<\/p>\r\n<h3>Options on US Stocks Now Even Riskier<\/h3>\r\n<p>\r\n\tIn particular, high-yield but volatility-sensitive options have become even more unpredictable under Trump. In our assessment, they should now \u2013 and possibly throughout Trump\u2019s entire presidency \u2013 be avoided.\r\n<\/p>\r\n\r\n<h2>Notes on Stock Prices<\/h2>\r\n<ol>\r\n\t<li>\r\n\t\tStock prices are as of December 1 (mostly) or December 31 (a few) of each year. Dividends and stock splits are included.\r\n\t<\/li>\r\n\t<li>\r\n\t\tThe most recent development (Dec 2023 to today) is not considered in the return triangles. This should not be decisive in such a long-term view.\r\n\t<\/li>\r\n\t<li>\r\n\t\tAlmost all prices are original prices in US dollars on the NYSE or Nasdaq, instead of euros on German exchanges, as the historical data often doesn&#8217;t go back as far on German exchanges. <em>Except for a few European stocks for which we had longer history in euros.<\/em>\r\n\t<\/li>\r\n\t<li>\r\n\t\t<strong>No guarantee of accuracy in information or calculations.<\/strong> These return triangles provide an overview; miscalculations or poor data foundations are possible.\r\n\t<\/li>\r\n<\/ol>\r\n\r\n<h2>Legend<\/h2>\r\n<p class=\"mri-rendite-legende\">\r\n\t<span style=\"background: #C4E7FD\"> 214.78 <\/span> Total return price (mostly) in US dollars; where specified, in euros. These values are back-calculated to include stock splits and dividend payments. Therefore, old prices are accurate in relation to the most recent price but incorrect as absolute figures.<br>\r\n\t<span style=\"background: #ac0800; color: #fff\">-12.3<\/span> Loss of -10.1% and below<br>\r\n\t<span style=\"background: #e00b00; color: #fff\">-7.1<\/span> Loss of -10.0% to -0.1%<br>\r\n\t<span style=\"background: #e06400; color: #fff\">1.6<\/span> Return of 0 to 2.9%<br>\r\n\t<span style=\"background: #ffd200\">8.7<\/span> Return of 3 to 9.9%<br>\r\n\t<span style=\"background: #98e384\">16.4<\/span> Return of 10.0% to 19.9%<br>\r\n\t<span style=\"background: #28bf00\">25.5<\/span> Return of 20.0% to 29.9%<br>\r\n\t<span style=\"background: #1f9100; color: #fff\">34.9<\/span> Return of 30.0% to 39.9%<br>\r\n\t<span style=\"background: #145d01; color: #fff\">42.2<\/span> Return of 40.0% and above<br>\r\n<\/p>\r\n\r\n<h2>Reading the Return Triangle<\/h2>\r\n<p>\r\n\tThe most interesting part is the last horizontal row with &#8220;2023&#8221; in the first column. It shows the average annual total return (price appreciation plus dividends) if you held this stock from December in the year XXXX until December 2023.\r\n<\/p>\r\n<p>\r\n\tTo find the corresponding purchase year, go vertically up from the 2023 row until you reach the &#8220;step&#8221; and then horizontally to the left to the first gray column with the years.\r\n<\/p>\r\n<p>\r\n\tThe &#8220;steps&#8221; on the right edge of the return triangle represent the return for each year. The corresponding year can be found in the first column to the far left in the same row as the step.\r\n<\/p>\r\n<p>\r\n\tUsing the same system, you can also view any other time periods.\r\n<\/p>\r\n\r\n<section>\r\n\t<h2>Our &#8220;Magnificent 14&#8221;<\/h2>\r\n\t<p>Our 14 favorite stocks as of October 2024.<\/p>\r\n\t<ul>\r\n\t\t<li><a href=\"#nvidia\">Nvidia<\/a> (still a top choice), as well as&#8230;<\/li>\r\n\t\t<li><a href=\"#amd\">AMD<\/a><\/li>\r\n\t\t<li><a href=\"#arista-networks\">Arista Networks<\/a><\/li>\r\n\t\t<li><a href=\"#arm\">ARM<\/a><\/li>\r\n\t\t<li><a href=\"#broadcom\">Broadcom<\/a><\/li>\r\n\t\t<li><a href=\"#dell-technologies\">Dell Technologies<\/a><\/li>\r\n\t\t<li><a href=\"#eli-lilly\">Eli Lilly<\/a><\/li>\r\n\t\t<li><a href=\"#fico-fair-isaac-co\">FICO<\/a><\/li>\r\n\t\t<li><a href=\"#fortinet\">Fortinet<\/a><\/li>\r\n\t\t<li><a href=\"#kkr-co\">KKR &#038; Co.<\/a><\/li>\r\n\t\t<li><a href=\"#palo-alto-networks\">Palo Alto Networks<\/a><\/li>\r\n\t\t<li><a href=\"#quanta-services\">Quanta Services<\/a><\/li>\r\n\t\t<li><a href=\"#trane-technologies\">Trane Technologies<\/a><\/li>\r\n\t\t<li><a href=\"#united-rentals\">United Rentals<\/a><\/li>\r\n\t<\/ul>\r\n\t<p>\r\n\t\t<em>P.S.: The actual so-called &#8220;Magnificent 7&#8221; are Apple, Microsoft, Amazon, Alphabet, Meta, Tesla, and Nvidia.<\/em>\r\n\t<\/p>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Resilient High Performers<\/h2>\r\n\t<p>\r\n\t\tStocks that rose <em>against the trend<\/em> during 2022 (specifically, between 12\/01\/2021 and 12\/01\/2022) while most stocks saw significant declines.\r\n\t<\/p>\r\n\t<p>\r\n\t\tRheinmetall may not be as representative here due to the special effect of the Ukraine war. Eli Lilly\u2019s \u201cwonder drug\u201d Mounjaro was approved in 2022, but its weight-loss application was only added in 2023, so this resilience against the downtrend could be deserved rather than a special effect.\r\n\t<\/p>\r\n\r\n\t<div class=\"mri-table-overflow\">\r\n\t\t<table>\r\n\t\t\t<caption>The high value for Rheinmetall should be viewed with caution due to the special effect of the Ukraine war<\/caption>\r\n\t\t\t<tr>\r\n\t\t\t\t<td><\/td><th>12\/01\/2021 to 12\/01\/2022<\/th>\r\n\t\t\t<\/tr>\r\n\t\t\t<tr>\r\n\t\t\t\t<td><a href=\"#rheinmetall\">Rheinmetall<\/a><\/td><th>+139.1%<\/th>\r\n\t\t\t<\/tr>\r\n\t\t\t<tr>\r\n\t\t\t\t<td><a href=\"#mckesson\">McKesson<\/a><\/td><th>+51.8%<\/th>\r\n\t\t\t<\/tr>\r\n\t\t\t<tr>\r\n\t\t\t\t<td><a href=\"#fico-fair-isaac-co\">FICO<\/a><\/td><th>+38.0% (but -15.1% in 2021)<\/th>\r\n\t\t\t<\/tr>\r\n\t\t\t<tr>\r\n\t\t\t\t<td><a href=\"#eli-lilly\">Eli Lilly<\/a><\/td><th>+34.3%<\/th>\r\n\t\t\t<\/tr>\r\n\t\t\t<tr>\r\n\t\t\t\t<td><a href=\"#deere-company\">Deere &#038; Company<\/a><\/td><th>+26.6%<\/th>\r\n\t\t\t<\/tr>\r\n\t\t\t<tr>\r\n\t\t\t\t<td><a href=\"#quanta-services\">Quanta Services<\/a><\/td><th>+24.6%<\/th>\r\n\t\t\t<\/tr>\r\n\t\t\t<tr>\r\n\t\t\t\t<td><a href=\"#muenchener-rueck\">Munich Re<\/a><\/td><th>+23.7%<\/th>\r\n\t\t\t<\/tr>\r\n\t\t\t<tr>\r\n\t\t\t\t<td><a href=\"#novo-nordisk\">Novo Nordisk<\/a><\/td><th>+22.6%<\/th>\r\n\t\t\t<\/tr>\r\n\t\t\t<tr>\r\n\t\t\t\t<td><a href=\"#christian-dior\">Christian Dior<\/a><\/td><th>+18.4%<\/th>\r\n\t\t\t<\/tr>\r\n\t\t\t<tr>\r\n\t\t\t\t<td><a href=\"#arthur-j-gallagher-co\">Arthur J. Gallagher<\/a><\/td><th>+12.5%<\/th>\r\n\t\t\t<\/tr>\r\n\t\t\t<tr>\r\n\t\t\t\t<td><a href=\"#united-rentals\">United Rentals<\/a><\/td><th>+7.0%<\/th>\r\n\t\t\t<\/tr>\r\n\t\t\t<tr>\r\n\t\t\t\t<td><a href=\"#cintas\">Cintas<\/a><\/td><th>+3.0%<\/th>\r\n\t\t\t<\/tr>\r\n\t\t<\/table>\r\n\t<\/div>\r\n\r\n\t<p>\r\n\t\tAs expected, this table does not include high-tech stocks. Investors tend to lose faith in such stocks quickly during crises. The &#8220;Magnificent 7,&#8221; including Nvidia, are completely absent here as well.\r\n\t<\/p>\r\n\t<p>\r\n\t\tHigh-return, non-tech stocks are therefore a good option to balance the volatility of tech stocks without significantly reducing the return potential.\r\n\t<\/p>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Alphabet (Google)<\/h2>\r\n\t<p>Internet services, $307 billion in revenue, 182,000 employees<\/p>\r\n\t<p>\r\n\t\tDominant and seemingly unassailable in internet search. Advertising, based on internet search, is still the main revenue source. The two founders have already stepped down from management. They frequently explore other business fields, with modest success.    \r\n\t<\/p>\r\n\t<!--\r\n[mri-renditedreieck symbol=\"GOOG\"]\r\n-->\r\n\r\n\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/goog.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/goog-300x193.png\" alt=\"Google GOOG Renditedreieck\" width=\"300\" height=\"193\" class=\"aligncenter size-medium wp-image-10617\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/goog-300x193.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/goog-768x494.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/goog.png 777w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Amazon<\/h2>\r\n\t<p>Retail, Cloud Computing, $575 billion in revenue, 1.5 million employees<\/p>\r\n\t<p>\r\n\t\tEarly on, Amazon built a second, very lucrative and successful division with AWS (&#8220;Amazon Web Services&#8221;). This will likely prove helpful with the rise of Temu. We choose Amazon over Pinduoduo (Temu).\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"AMZN\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/amzn.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/amzn-300x182.png\" alt=\"Amazon AMZN Renditedreieck\" width=\"300\" height=\"182\" class=\"aligncenter size-medium wp-image-10548\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>AMD &#11088;<\/h2>\r\n\t<p>Semiconductors, $23 billion in revenue, 26,000 employees<\/p>\r\n\t<p>\r\n\t\tThe Ryzen and Epyc processors are well-regarded in desktop computers and servers. AMD is thriving, and Intel is struggling. The days of being a perennial second behind Intel seem to be over. In graphics cards, AMD has long been a budget alternative to Nvidia.  \r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"AMD\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/amd.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/amd-300x171.png\" alt=\"AMD Renditedreieck\" width=\"300\" height=\"171\" class=\"aligncenter size-medium wp-image-10547\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Apple<\/h2>\r\n\t<p>Hardware, Software, Online Retail, $383 billion in revenue, 161,000 employees<\/p>\r\n\t<p>\r\n\t\tStrong brand, pricing power, high price point. Controls the entire ecosystem (software, hardware, app store). Successfully transitioned from founder-led to professional management.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"AAPL\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/aapl.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/aapl-300x178.png\" alt=\"Apple AAPL Renditedreieck\" width=\"300\" height=\"178\" class=\"aligncenter size-medium wp-image-10544\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Applied Materials<\/h2>\r\n\t<p>Equipment for Semiconductors, $26 billion in revenue, 33,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tApplied Materials includes parts of the Leybold company, founded by Ernst Leybold, a German vacuum technology pioneer in the 19th century. In Germany, there are still many research and development activities at five locations. Competitors include Lam Research and KLA Corporation, which are also on this list.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"AMAT\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/amat.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/amat-300x181.png\" alt=\"Applied Materials AMAT Renditedreieck\" width=\"300\" height=\"181\" class=\"aligncenter size-medium wp-image-10546\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Arista Networks &#11088;<\/h2>\r\n\t<p>Networking Technology, $5.8 billion in revenue, 4,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tRouters and switches for data centers. German co-founder of Sun Microsystems, Andy Bechtolsheim, is one of the Arista founders and holds 15 percent. <em>Bechtolsheim was accused of insider trading (related to another company) by the SEC. In early 2024, he agreed to pay around $1 million in fines and is prohibited from serving as CEO or on the board of a publicly traded company for five years.<\/em>\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"ANET\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/anet.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/anet-300x201.png\" alt=\"Arista Networks ANET Renditedreieck\" width=\"300\" height=\"201\" class=\"aligncenter size-medium wp-image-10549\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>ARM &#11088;<\/h2>\r\n\t<p>Microprocessors, $2.7 billion in revenue, 6,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tARM is an alternative, energy-efficient microprocessor architecture. ARM does not manufacture but licenses its designs. ARM processors are found in iPhones and many Android devices.\r\n\t<\/p>\r\n\t<p>\r\n\t\tThe British company has been publicly listed only since 2023, so we could not create a return triangle for it.\r\n\t<\/p>\r\n\t<p>\r\n\t\tThe share price of <strong>ARM<\/strong> (ticker symbol ARM) rose from about 50 to 150 US dollars from October 2023 to September 2024, an increase of 200% in one (its first) year.\r\n\t<\/p>\r\n\t<p>\r\n\t\tAccording to our strategy of selecting based on a strong, long-term history of returns, ARM would be excluded due to lack of history. We still include ARM here because of its exceptional position in the processor market.\r\n\t<\/p>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Arthur J. Gallagher &#038; Co.<\/h2>\r\n\t<p>Insurance Broker, $10 billion in revenue, 52,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tAJG is the world\u2019s fourth-largest and globally active insurance broker.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"AJG\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/ajg.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/ajg-300x188.png\" alt=\"Arthur J. Gallagher AJG Renditedreieck\" width=\"300\" height=\"188\" class=\"aligncenter size-medium wp-image-10545\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>ASML<\/h2>\r\n\t<p>Lithography for Semiconductors, $28 billion in revenue, 42,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tASML, based in the Netherlands and one of the few European companies on this list, is as dominant in lithography systems for the semiconductor industry as Google is in internet search.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"ASML\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/asml.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/asml-300x183.png\" alt=\"ASML Renditedreieck\" width=\"300\" height=\"183\" class=\"aligncenter size-medium wp-image-10605\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/asml-300x183.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/asml-1024x625.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/asml-768x469.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/asml.png 1140w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Broadcom &#11088;<\/h2>\r\n\t<p>Semiconductors, $35 billion in revenue, 40,000 employees<\/p>\r\n\t<p>\r\n\t\tBroadcom mainly acquires other companies and holds many patents, so it is not an organically growing company with a core product. The company is known for its aggressive approach and does not shy away from legal battles. The ticker symbol AVGO comes from a previous company name.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"AVGO\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/avgo.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/avgo-300x196.png\" alt=\"Broadcom AVGO Renditedreieck\" width=\"300\" height=\"196\" class=\"aligncenter size-medium wp-image-10606\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/avgo-300x196.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/avgo.png 603w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Cadence Design Systems<\/h2>\r\n\t<p>Semiconductor Design and Software, $4 billion in revenue, 11,200 employees<\/p>\r\n\r\n\t<p>\r\n\t\tCompetitor of Synopsys. Cadence grows more organically, while Synopsys grows more through acquisitions.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"CDNS\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/cdns.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/cdns-300x181.png\" alt=\"Cadence Design Systems CDNS Renditedreieck\" width=\"300\" height=\"181\" class=\"aligncenter size-medium wp-image-10607\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/cdns-300x181.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/cdns-1024x618.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/cdns-768x464.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/cdns.png 1439w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Chipotle Mexican Grill<\/h2>\r\n\t<p>Fast Casual Dining, $9.8 billion in revenue, 116,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tMexican cuisine is well-suited, in our view, as a flavor profile for potential global expansion; Chipotle is currently primarily in the US, with only two locations in Frankfurt, Germany. Chipotle also caters to the low-carb trend and is on the pricier side\u2014which we consider a positive. McDonald\u2019s was once a 95% owner but has since divested its stake, leaving Chipotle mostly in free float.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"CMG\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/cmg.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/cmg-300x189.png\" alt=\"Chipotle CMG Renditedreieck\" width=\"300\" height=\"189\" class=\"aligncenter size-medium wp-image-10608\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/cmg-300x189.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/cmg.png 730w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Christian Dior<\/h2>\r\n\t<p>Luxury Goods, $35 billion in revenue, 122,000 employees<\/p>\r\n\t<p>Price in EUR. DIO.F = Dior on the Frankfurt Stock Exchange<\/p>\r\n\t<p>\r\n\t\tWe have three French luxury goods conglomerates on this list: Dior, Herm\u00e8s, and LVMH.\r\n\t<\/p>\r\n\t<p>\r\n\t\t<em>Note: <a href=\"#french-withholding-tax\">Increased effort due to French withholding tax<\/a>.<\/em>\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"DIO.F\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/dio.f.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/dio.f-300x190.png\" alt=\"Christian Dior DIO.F Renditedreieck\" width=\"300\" height=\"190\" class=\"aligncenter size-medium wp-image-10612\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/dio.f-300x190.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/dio.f-768x486.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/dio.f.png 929w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Cintas<\/h2>\r\n\t<p>Workwear and Uniforms, $10 billion in revenue, 46,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tWho would have thought that workwear, uniforms, sanitary needs, and fire protection could be so profitable? Cintas rents, cleans, collects, and delivers workwear and uniforms in a subscription system for about one million companies in the US.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"CTAS\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/ctas.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/ctas-300x191.png\" alt=\"Cintas CTAS Renditedreieck\" width=\"300\" height=\"191\" class=\"aligncenter size-medium wp-image-10609\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/ctas-300x191.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/ctas-1024x651.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/ctas-768x488.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/ctas.png 1437w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Deere &#038; Company<\/h2>\r\n\t<p>Agricultural Machinery, $53 billion in revenue, 82,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tJohn Deere, the Apple of agricultural machinery, is on the lower end in terms of returns and is intended to bring stability to the portfolio. Deere controls the entire ecosystem from machinery to software to service centers.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"DE\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/de.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/de-300x191.png\" alt=\"DEERE &amp; Company DE Renditedreieck\" width=\"300\" height=\"191\" class=\"aligncenter size-medium wp-image-10610\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/de-300x191.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/de-1024x652.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/de-768x489.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/de.png 1432w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Dell Technologies &#11088;<\/h2>\r\n\t<p>Computer Hardware and Storage, $88 billion in revenue, 120,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tFounder and namesake Michael Dell is still\u2014or once again\u2014leading the company. Dell Inc. and Dell EMC are subsidiaries of Dell Technologies. The company was delisted in 2013 to undergo restructuring in peace, then re-listed in 2018.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"DELL\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/dell.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/dell-300x219.png\" alt=\"Dell Renditedreieck\" width=\"300\" height=\"219\" class=\"aligncenter size-medium wp-image-10611\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/dell-300x219.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/dell.png 340w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>DexCom<\/h2>\r\n\t<p>Medical Devices, $3.6 billion in revenue, 9,600 employees<\/p>\r\n\r\n\t<p>\r\n\t\tDexCom manufactures continuous glucose monitors for diabetes patients. <strong>The Dexcom share price dropped sharply at the end of July 2024<\/strong> and has been moving sideways since (as of 10\/16\/2024), following the CEO\u2019s statements during an earnings call about internal issues with the sales team and resulting revenue drops.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"DXCM\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/dxcm.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/dxcm-300x188.png\" alt=\"Dexcom DXCM Renditedreieck\" width=\"300\" height=\"188\" class=\"aligncenter size-medium wp-image-10613\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/dxcm-300x188.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/dxcm.png 766w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Eli Lilly &#11088;<\/h2>\r\n\t<p>Pharma, $34 billion in revenue, 43,000 employees<\/p>\r\n\t<p>\r\n\t\tThe world\u2019s most valuable pharmaceutical company, producing the antidepressant Prozac, used by at least 20 million people in the US. Additional revenue generators include diabetes treatments. More than a quarter of revenue (not just profit) is invested in research. Eli Lilly has outperformed strong European competitor Novo Nordisk in recent years, although Novo Nordisk has historically been less volatile and is also on this list.\r\n\t<\/p>\r\n\t<p>\r\n\t\tBoth Eli Lilly (\u201cMounjaro\u201d or tirzepatide) and Novo Nordisk (\u201cOzempic\u201d or semaglutide) offer medications suitable (also) for weight loss, with Eli Lilly\u2019s product seeming to be more effective at comparable side effects.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"LLY\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/lly.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/lly-300x189.png\" alt=\"Eli Lilly LLY Renditedreieck\" width=\"300\" height=\"189\" class=\"aligncenter size-medium wp-image-10626\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/lly-300x189.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/lly-1024x644.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/lly-768x483.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/lly.png 1448w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Entegris<\/h2>\r\n\t<p>Semiconductor Materials and Equipment, $3.5 billion in revenue, 8,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tEntegris operates in 10 countries, including Germany, and supplies materials and equipment for semiconductor production and other high-tech industries.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"ENTG\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/entg.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/entg-300x186.png\" alt=\"Entegris ENTG Renditedreieck\" width=\"300\" height=\"186\" class=\"aligncenter size-medium wp-image-10614\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/entg-300x186.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/entg-768x475.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/entg.png 952w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Ferrari<\/h2>\r\n\t<p>Automotive, $6 billion in revenue, 5,000 employees<\/p>\r\n\t<p>\r\n\t\tThe future of internal combustion engines is uncertain, but the first electric Ferrari is expected in 2025. Ferrari might also be more appropriately classified as a luxury brand, which we consider to have a promising future. Although Ferrari has only an eight-year history, it has performed remarkably well for an automotive stock.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"RACE\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/race.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/race-300x207.png\" alt=\"Ferrari RACE Renditedreieck\" width=\"300\" height=\"207\" class=\"aligncenter size-medium wp-image-10641\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/race-300x207.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/race.png 385w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>FICO (Fair Isaac &#038; Co.) &#11088;<\/h2>\r\n\t<p>Software for Financial Services, $1.5 billion in revenue, 3,500 employees<\/p>\r\n\t<p>\r\n\t\tFor decades, FICO (Fair Isaac and Company), known as the \u201cAmerican Schufa,\u201d practically didn\u2019t charge for its service. In recent years, with over 90% market share in credit scores, an essential service in the US, FICO has gradually raised fees, first for real estate, next for credit cards, and so on. Fees remain in the cents range or a few dollars per inquiry, with plenty of room for further increases. Half of the revenue comes from fraud detection software, while the other half comes from the credit score service, which is more profitable.\r\n\t<\/p>\r\n\t<p>\r\n\t\tThe revenue volume comes not from high prices but from the extremely high frequency of credit score inquiries in the US. FICO serves inquiries related to credit cards, real estate loans, and consumer credit, particularly for car purchases. Strong network effect due to its established position, with no interest on the customer\u2019s side to switch due to the low fees. Although the potential for price increases may already be priced in, it is still an interesting stock with unique features, especially after a significant pullback.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"FICO\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/fico.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/fico-300x182.png\" alt=\"Fair Isaac &amp; Co FICO Renditedreieck\" width=\"300\" height=\"182\" class=\"aligncenter size-medium wp-image-10615\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/fico-300x182.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/fico-1024x622.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/fico-768x467.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/fico.png 1427w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Fortinet &#11088;<\/h2>\r\n\t<p>IT Security (Cybersecurity), $5.3 billion in revenue, 13,500 employees<\/p>\r\n\t<p>\r\n\t\tFortinet, not to be confused with the game Fortnite, competes with Palo Alto Networks. Fortinet is more affordable and considered better suited for smaller businesses and simpler requirements.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"FTNT\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/ftnt.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/ftnt-300x201.png\" alt=\"Fortinet FTNT Renditedreieck\" width=\"300\" height=\"201\" class=\"aligncenter size-medium wp-image-10616\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/ftnt-300x201.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/ftnt.png 594w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>HEICO<\/h2>\r\n\t<p>Aerospace, $2.2 billion in revenue, 6,500 employees<\/p>\r\n\t<p>\r\n\t\tHEICO is the largest FAA-certified supplier of replacement parts for the civil and military aviation industries.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"HEI\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/hei.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/hei-300x187.png\" alt=\"HEICO HEI Renditedreieck\" width=\"300\" height=\"187\" class=\"aligncenter size-medium wp-image-10618\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/hei-300x187.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/hei-1024x640.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/hei-768x480.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/hei.png 1469w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Herm\u00e8s<\/h2>\r\n\t<p>Luxury Goods, $13.5 billion in revenue, 22,000 employees<\/p>\r\n\t<p>Price in EUR. HMI.BE = Herm\u00e8s on the Berlin Stock Exchange<\/p>\r\n\t<p>\r\n\t\tOne of the French luxury conglomerates with top returns, alongside LVMH and Christian Dior. Herm\u00e8s is remarkably high-performing for a non-tech company.\r\n\t<\/p>\r\n\t<p>\r\n\t\t<em>Note: <a href=\"#french-withholding-tax\">Increased effort due to French withholding tax<\/a>.<\/em>\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"HMI.BE\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/hmi.be_.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/hmi.be_-300x192.png\" alt=\"Herm\u00e8s HMI.BE Renditedreieck\" width=\"300\" height=\"192\" class=\"aligncenter size-medium wp-image-10619\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/hmi.be_-300x192.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/hmi.be_-768x492.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/hmi.be_.png 884w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Hubspot<\/h2>\r\n\t<p>Software, $2.17 billion in revenue, 7,600 employees<\/p>\r\n\t<p>\r\n\t\tSoftware-as-a-Service for sales, marketing, and CRM (Customer Relationship Management). The major competitor is Salesforce, which is more expensive and targets larger companies, while Hubspot is considered the best comprehensive package, especially for small to medium-sized businesses.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"HUBS\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/hubs.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/hubs-300x196.png\" alt=\"Hubspot HUBS Renditedreieck\" width=\"300\" height=\"196\" class=\"aligncenter size-medium wp-image-10620\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/hubs-300x196.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/hubs.png 444w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section\r\n\r\n\t<section>\r\n\t<h2>IDEXX Laboratories<\/h2>\r\n\t<p>Animal Health, $3.7 billion in revenue, 11,000 employees<\/p>\r\n\t<p>\r\n\t\tIDEXX manufactures analytical equipment and other products for health monitoring, such as blood analysis for pets and livestock, and sells them in 175 countries. The company has two locations in Germany.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"IDXX\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/idxx.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/idxx-300x190.png\" alt=\"IDEXX Laboratories IDXX Renditedreieck\" width=\"300\" height=\"190\" class=\"aligncenter size-medium wp-image-10621\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/idxx-300x190.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/idxx-1024x649.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/idxx-768x487.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/idxx.png 1238w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Intuitive Surgical<\/h2>\r\n\t<p>Surgical Robots, $26 billion in revenue, 33,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tThe Da Vinci system for minimally invasive surgery with robotic arms is used about 5,000 times worldwide, roughly two-thirds of which are in the US. It was the first system of its kind approved by the FDA. There is now one competitor, although it is small. In the US, 3\/4 of all prostate surgeries are performed with Da Vinci.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"ISRG\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/isrg.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/isrg-300x185.png\" alt=\"Intuitive Surgical ISRG Renditedreieck\" width=\"300\" height=\"185\" class=\"aligncenter size-medium wp-image-10623\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/isrg-300x185.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/isrg-768x473.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/isrg.png 963w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Intuit<\/h2>\r\n\t<p>Standard Software, $16 billion in revenue, 19,000 employees<\/p>\r\n\t<p>\r\n\t\tIntuit is the maker of online banking and accounting software Quickbooks and Quicken. The German versions, &#8220;Finanzmanager&#8221; and &#8220;b\u00fcro easy plus,&#8221; are distributed by Lexware. The popular marketing automation platform Mailchimp also belongs to Intuit.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"INTU\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/intu.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/intu-300x187.png\" alt=\"Intuit INTU Renditedreieck\" width=\"300\" height=\"187\" class=\"aligncenter size-medium wp-image-10622\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/intu-300x187.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/intu-1024x639.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/intu-768x479.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/intu.png 1187w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>KKR &#038; Co. &#11088;<\/h2>\r\n\t<p>Investment Company, $14.5 billion in revenue, 4,500 employees<\/p>\r\n\r\n\t<p>\r\n\t\tKKR, formerly known as &#8220;Kohlberg Kravis Roberts &#038; Co,&#8221; does not only invest in tech. The illustrious, current or former portfolio also includes Hertha BSC. KKR was also a stakeholder in the Springer publishing house but recently divested, taking the non-journalistic business units, while Bild, Welt &#038; Co. stayed with Springer.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"KKR\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/kkr.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/kkr-300x202.png\" alt=\"KKR Renditedreieck\" width=\"300\" height=\"202\" class=\"aligncenter size-medium wp-image-10624\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/kkr-300x202.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/kkr.png 559w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>KLA Corporation<\/h2>\r\n\t<p>Semiconductor Equipment, $10.5 billion in revenue, 15,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tFormerly known as &#8220;KLA-Tencor&#8221; until 2019. Competitor of Applied Materials and Lam Research.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"KLAC\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/klac.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/klac-300x184.png\" alt=\"KLA Corporation KLAC Renditedreieck\" width=\"300\" height=\"184\" class=\"aligncenter size-medium wp-image-10625\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/klac-300x184.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/klac-1024x627.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/klac-768x470.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/klac.png 1497w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Lam Research<\/h2>\r\n\t<p>Semiconductor Equipment, $15 billion in revenue, 17,500 employees<\/p>\r\n\r\n\t<p>\r\n\t\tLam Research is a competitor of Applied Materials and KLA Corporation (formerly KLA-Tencor), two other stocks in our semiconductor-focused portfolio.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"LRCX\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/lrcx.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/lrcx-300x179.png\" alt=\"Lam Research LRCX Renditedreieck\" width=\"300\" height=\"179\" class=\"aligncenter size-medium wp-image-10627\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/lrcx-300x179.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/lrcx-1024x610.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/lrcx-768x457.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/lrcx-1536x915.png 1536w, https:\/\/meine-renditeimmobilie.de\/u\/lrcx.png 1538w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>LVMH<\/h2>\r\n\t<p>Luxury Goods, $79 billion in revenue, 196,000 employees<\/p>\r\n\t<p>Price in EUR. MOH.BE = LVMH on the Berlin Stock Exchange<\/p>\r\n\t<p>\r\n\t\tAnother luxury goods company in our portfolio, alongside Herm\u00e8s and Dior. LVMH is slightly less high-performing than Herm\u00e8s but larger.\r\n\t<\/p>\r\n\t<p>\r\n\t\t<em>Note: <a href=\"#french-withholding-tax\">Increased effort due to French withholding tax<\/a>.<\/em>\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"MOH.BE\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/moh.be_.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/moh.be_-300x194.png\" alt=\"LVMH MOH.BE Renditedreieck\" width=\"300\" height=\"194\" class=\"aligncenter size-medium wp-image-10630\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/moh.be_-300x194.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/moh.be_-768x497.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/moh.be_.png 913w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>McKesson<\/h2>\r\n\t<p>Pharmaceutical Distribution, $277 billion in revenue, 51,000 employees<\/p>\r\n\t<p>\r\n\t\tThe largest pharmaceutical distributor in the world in terms of revenue.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"MCK\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/mck.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/mck-300x188.png\" alt=\"McKesson MCK Renditedreieck\" width=\"300\" height=\"188\" class=\"aligncenter size-medium wp-image-10628\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/mck-300x188.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/mck-1024x641.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/mck-768x481.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/mck.png 1151w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Meta (Facebook)<\/h2>\r\n\t<p>Internet Services, $135 billion in revenue, 67,000 employees<\/p>\r\n\t<p>\r\n\t\tMark Zuckerberg is still young and seems to have gained stature recently, so Meta might still have a lot to offer.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"META\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/meta.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/meta-300x195.png\" alt=\"META Renditedreieck\" width=\"300\" height=\"195\" class=\"aligncenter size-medium wp-image-10629\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/meta-300x195.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/meta.png 515w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Microsoft<\/h2>\r\n\t<p>Software, Hardware, Cloud Computing, $211 billion in revenue, 221,000 employees<\/p>\r\n\t<p>\r\n\t\tIn contrast to Apple, also strong in the B2B sector, including public sector. The transition to professional management also went smoothly.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"MSFT\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/msft.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/msft-300x188.png\" alt=\"Microsoft MSFT Renditedreieck\" width=\"300\" height=\"188\" class=\"aligncenter size-medium wp-image-10632\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/msft-300x188.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/msft-1024x642.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/msft-768x481.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/msft.png 1430w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>MSCI<\/h2>\r\n\t<p>Finance, $2.5 billion in revenue, 5,800 employees<\/p>\r\n\t<p>\r\n\t\tThis is not an &#8220;ETF on the MSCI World&#8221; but rather the MSCI company itself, which publishes the famous &#8220;MSCI World&#8221; and other indices.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"MSCI\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/msci.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/msci-300x199.png\" alt=\"MSCI Renditedreieck\" width=\"300\" height=\"199\" class=\"aligncenter size-medium wp-image-10631\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/msci-300x199.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/msci.png 671w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>M\u00fcnchener R\u00fcck<\/h2>\r\n\t<p>Insurance, $58 billion in revenue, 42,000 employees<\/p>\r\n\t<p>Price in EUR. MUV2.F = Munich Re on Frankfurt Stock Exchange<\/p>\r\n\t<p>\r\n\t\tThe largest reinsurer in the world. One of three German stocks on our list.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"MUV2.F\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/muv2.f.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/muv2.f-300x195.png\" alt=\"M\u00fcnchener R\u00fcck MUV2.F Renditedreieck\" width=\"300\" height=\"195\" class=\"aligncenter size-medium wp-image-10633\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/muv2.f-300x195.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/muv2.f-768x498.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/muv2.f.png 916w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Netflix<\/h2>\r\n\t<p>Streaming Services, $33.7 billion in revenue, 13,000 employees<\/p>\r\n\t<p>\r\n\t\tThe streaming market is becoming increasingly fragmented; Amazon Prime and Disney are financially strong competitors, and Paramount+ joined in late 2022. The future could be challenging for Netflix.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"NFLX\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/nflx.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/nflx-300x184.png\" alt=\"Netflix NFLX Renditedreieck\" width=\"300\" height=\"184\" class=\"aligncenter size-medium wp-image-10634\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/nflx-300x184.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/nflx-768x470.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/nflx.png 900w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Novo Nordisk<\/h2>\r\n\t<p>Pharma, $32 billion in revenue, 63,000 employees<\/p>\r\n\t<p>\r\n\t\tA Danish pharmaceutical company and by far the most valuable European company, a major competitor of Eli Lilly, which has been even more high-performing than Novo Nordisk in recent years but also more volatile. Both companies are strong in insulin.\r\n\t<\/p>\r\n\t<p>\r\n\t\tLike competitor Eli Lilly (\u201cMounjaro\u201d or tirzepatide), Novo Nordisk offers a medication (\u201cOzempic\u201d or semaglutide) that is suitable (also) for weight loss. The competitor Eli Lilly\u2019s medication appears to be more effective at comparable side effects.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"NVO\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/nvo.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/nvo-300x190.png\" alt=\"Novo Nordisk NVO Renditedreieck\" width=\"300\" height=\"190\" class=\"aligncenter size-medium wp-image-10637\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/nvo-300x190.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/nvo-1024x648.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/nvo-768x486.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/nvo.png 1447w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Nvidia &#127942;<\/h2>\r\n\t<p>Microelectronics, $60 billion in revenue, 30,000 employees<\/p>\r\n\t<p>\r\n\t\tNvidia\u2019s moat is considered very wide and deep, with a lead of 2-3 years over the competition. Nvidia\u2019s cash war chest is brimming, making it harder for potential competitors. The 61-year-old founder still leads the company and appears to be in excellent health. \r\n\t<\/p>\r\n\t<p>\r\n\t\tThe only thing slowing Nvidia is its already enormous market cap of $3.5 trillion as of October 2024 and investor skepticism about whether a single company can take an even larger share of the total NYSE plus Nasdaq market cap than the <strong>six percent<\/strong> Nvidia currently represents.\r\n\t<\/p>\r\n\t<p>\r\n\t\tCan Nvidia\u2014or any company\u2014grow to $5, $6 &#8230; $10, $12 trillion and overtake Apple and Microsoft? A relatively faceless company, previously known mainly to gamers and PC enthusiasts?\r\n\t<\/p>\r\n\t<p>\r\n\t\tThe numbers speak for Nvidia. The big tech giants <em>plead<\/em> with Nvidia\u2019s CEO to move up on the waiting list for Nvidia\u2019s new chip coming in 2025. They don\u2019t just want it; they <em>need<\/em> Nvidia\u2019s chip to advance their own AI narrative and avoid falling behind.\r\n\t<\/p>\r\n\t<p>\r\n\t\tNvidia is well-positioned for another stock explosion in 2025 and is our top pick among all stocks. A significant correction will undoubtedly occur again at some point (if only one knew when), but it is likely to rebound quickly afterward.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"NVDA\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/nvda.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/nvda-300x175.png\" alt=\"Nvidia NVDA Renditedreieck\" width=\"300\" height=\"175\" class=\"aligncenter size-medium wp-image-10636\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/nvda-300x175.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/nvda-1024x598.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/nvda-768x448.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/nvda.png 1057w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Old Dominion Freight Line<\/h2>\r\n\t<p>Logistics, $5.8 billion in revenue, 23,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tTruck transport and residential moves with over 250 locations in the US. Smaller trucks collect transport goods nationwide and bring them to locations where they are transported further at night in large trucks.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"ODFL\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/odfl.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/odfl-300x188.png\" alt=\"Old Dominion Freight Line ODFL Renditedreieck\" width=\"300\" height=\"188\" class=\"aligncenter size-medium wp-image-10638\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/odfl-300x188.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/odfl-1024x642.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/odfl-768x482.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/odfl.png 1253w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Palo Alto Networks &#11088;<\/h2>\r\n\t<p>IT Security (Cybersecurity), $8 billion in revenue, 15,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tPalo Alto Networks acquires one to four companies per year and serves 85 of the Fortune 100 companies. The use of AI is also open to attackers, so Palo Alto should have plenty of work in the future. Competitor Fortinet is also on this stock list.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"PANW\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/panw.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/panw-300x199.png\" alt=\"Palo Alto networks PANW Renditedreieck\" width=\"300\" height=\"199\" class=\"aligncenter size-medium wp-image-10639\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/panw-300x199.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/panw.png 510w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Quanta Services &#11088;<\/h2>\r\n\t<p>Infrastructure Services, $30 billion in revenue, 40,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tQuanta Services designs, builds, and maintains networks of all kinds: electricity, oil, gas, and telecommunications. Our favorite, alongside United Rentals, for highly profitable non-tech stocks.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"PWR\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/pwr.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/pwr-300x188.png\" alt=\"Quanta Services PWR Renditedreieck\" width=\"300\" height=\"188\" class=\"aligncenter size-medium wp-image-10640\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/pwr-300x188.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/pwr-768x482.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/pwr.png 1010w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>RadNet<\/h2>\r\n\t<p>Outpatient Radiology, $1.5 billion in revenue, 7,100 employees<\/p>\r\n\r\n\t<p>\r\n\t\tRadNet is the largest provider of outpatient radiology services in the US.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"RDNT\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/rdnt.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/rdnt-300x180.png\" alt=\"RadNet RDNT Renditedreieck\" width=\"300\" height=\"180\" class=\"aligncenter size-medium wp-image-10642\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/rdnt-300x180.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/rdnt-1024x615.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/rdnt-768x462.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/rdnt.png 1095w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Rheinmetall<\/h2>\r\n\t<p>Defense, $7 billion in revenue, 28,000 employees<\/p>\r\n\t<p>Price in EUR. RHM.F = Rheinmetall on the Frankfurt Stock Exchange<\/p>\r\n\t<p>\r\n\t\tIf you have ethical concerns, simply skip Rheinmetall. Even before the Ukraine war, Rheinmetall had been performing well for years, with annualized returns (also known as \u201cinternal rate of return\u201d) of over 20 percent per year. One of three German stocks in our selection; the others are Sartorius Pref. and Munich Re.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"RHM.F\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/rhm.f.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/rhm.f-300x190.png\" alt=\"Rheinmetall RHM.F Renditedreieck\" width=\"300\" height=\"190\" class=\"aligncenter size-medium wp-image-10643\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/rhm.f-300x190.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/rhm.f.png 766w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>ServiceNow<\/h2>\r\n\t<p>Cloud Computing, $7.2 billion in revenue, 20,500 employees<\/p>\r\n\r\n\t<p>\r\n\t\tServiceNow, led by the former head of Germany&#8217;s largest software company, SAP, acquires two to four companies per year. Its platform-as-a-service product portfolio is extensive and difficult to summarize. The main product is &#8220;IT Service Management.&#8221; A partnership with Nvidia was established in 2023.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"NOW\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/now.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/now-300x199.png\" alt=\"ServiceNow NOW Renditedreieck\" width=\"300\" height=\"199\" class=\"aligncenter size-medium wp-image-10635\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/now-300x199.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/now.png 501w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Synopsys<\/h2>\r\n\t<p>Semiconductor Design and Software, $5.5 billion in revenue, 20,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tCompetitor of Cadence Design Systems. Cadence grows more organically, while Synopsys grows more through acquisitions.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"SNPS\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/snps.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/snps-300x188.png\" alt=\"Synopsys SNPS Renditedreieck\" width=\"300\" height=\"188\" class=\"aligncenter size-medium wp-image-10644\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/snps-300x188.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/snps-1024x643.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/snps-768x482.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/snps.png 1209w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Tesla with Question Marks<\/h2>\r\n\t<p>Automotive, $97 billion in revenue, 140,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tRegardless of one\u2019s opinion on Elon Musk\u2019s public statements, he undoubtedly generates massive free publicity for Tesla and is, economically speaking, still an asset for Tesla. A highly volatile share price that <em>has been sideways since the end of 2022<\/em>, with potential for further growth.\r\n\t<\/p>\r\n\t<p>\r\n\t\tThe latest product launches were not convincing. On the other hand, Tesla is full of surprises and currently represents only about four percent of the global automotive industry\u2019s total revenue; so there is room for growth.\r\n\t<\/p>\r\n\t<p>\r\n\t\tStill, for us, it\u2019s a stock to watch rather than buy. Included on this list as a member of the &#8220;Magnificent 7,&#8221; some of which are already referred to as the &#8220;Magnificent 6&#8221; due to Tesla&#8217;s poor performance.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"TSLA\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/tsla.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/tsla-300x180.png\" alt=\"Tesla TSLA Renditedreieck\" width=\"300\" height=\"180\" class=\"aligncenter size-medium wp-image-10647\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/tsla-300x180.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/tsla.png 627w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Tractor Supply Company<\/h2>\r\n\t<p>Retail, $14 billion in revenue, 25,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tRetail for agriculture and livestock with over 2,000 locations in rural areas of the US.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"TSCO\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/tsco.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/tsco-300x186.png\" alt=\"Tractor Supply Company TSCO Renditedreieck\" width=\"300\" height=\"186\" class=\"aligncenter size-medium wp-image-10646\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/tsco-300x186.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/tsco-1024x636.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/tsco-768x477.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/tsco.png 1166w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>Trane Technologies &#11088;<\/h2>\r\n\t<p>Climate Technology, $17.5 billion in revenue, 40,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tThe US-Irish company produces heat pumps, air conditioners, and ventilation systems. Formerly known as Ingersoll-Rand, a company with the same name still exists; don&#8217;t confuse the two.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"TT\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/tt.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/tt-300x187.png\" alt=\"Trane Technologies TT Renditedreieck\" width=\"300\" height=\"187\" class=\"aligncenter size-medium wp-image-10649\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/tt-300x187.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/tt-1024x639.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/tt-768x479.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/tt.png 1468w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>TransDigm<\/h2>\r\n\t<p>Aerospace Supplier, $6.5 billion in revenue, 15,500 employees<\/p>\r\n\r\n\t<p>\r\n\t\tTransDigm supplies parts for aircraft manufacturing, including pumps, valves, and electronics. Subsidiaries in Germany are located in Miesbach and Ingolstadt.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"TDG\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/tdg.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/tdg-300x196.png\" alt=\"Transdigm TDG Renditedreieck\" width=\"300\" height=\"196\" class=\"aligncenter size-medium wp-image-10645\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/tdg-300x196.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/tdg.png 714w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>TSMC<\/h2>\r\n\t<p>Semiconductors, $72 billion in revenue, 73,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tThe world\u2019s largest contract manufacturer of semiconductors and a major customer of ASML. Clients include Apple, Nvidia, and Broadcom. There is some geopolitical risk due to its location in Taiwan. However, we do not believe China will forcibly annex Taiwan. If you think otherwise, simply avoid TSMC.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"TSM\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/tsm.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/tsm-300x189.png\" alt=\"TSMC TSM Renditedreieck\" width=\"300\" height=\"189\" class=\"aligncenter size-medium wp-image-10648\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/tsm-300x189.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/tsm-1024x645.png 1024w, https:\/\/meine-renditeimmobilie.de\/u\/tsm-768x484.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/tsm.png 1046w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2>United Rentals &#11088;<\/h2>\r\n\t<p>Construction Equipment Rental, $14 billion in revenue, 25,000 employees<\/p>\r\n\r\n\t<p>\r\n\t\tThe world\u2019s largest rental provider of industrial and construction equipment with over 1,600 locations in North America and more than 4,000 product categories, including forklifts, lifts, pumps, and generators. A nearly boring field of activity that outperforms many high-tech companies, similar to Quanta Services.\r\n\t<\/p>\r\n\t<!--[mri-renditedreieck symbol=\"URI\"]-->\r\n\t<a href=\"https:\/\/meine-renditeimmobilie.de\/u\/uri.png\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/meine-renditeimmobilie.de\/u\/uri-300x187.png\" alt=\"United Rentals URI Renditedreieck\" width=\"300\" height=\"187\" class=\"aligncenter size-medium wp-image-10650\" srcset=\"https:\/\/meine-renditeimmobilie.de\/u\/uri-300x187.png 300w, https:\/\/meine-renditeimmobilie.de\/u\/uri-768x478.png 768w, https:\/\/meine-renditeimmobilie.de\/u\/uri.png 1025w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>\r\n<\/section>\r\n\r\n<section>\r\n\t<h2 id=\"french-withholding-tax\">French Withholding Tax Slightly Burdensome<\/h2>\r\n\t<p>\r\n\t\tThe procedure around the French withholding tax for dividends slightly reduces the attractiveness of the otherwise appealing French luxury stocks. The DKB stands out as a broker that, unlike others, assists investors with this small paperwork burden every three years and does so at low cost. If you\u2019re interested in Herm\u00e8s and similar companies, consider opening an account with DKB. More information can be found in <a href=\"https:\/\/www.youtube.com\/watch?v=vYJLb0N1BgQ\" rel=\"noopener nofollow noopener\" target=\"_blank\">this video<\/a>\r\n\t<\/p>\r\n<\/section>\r\n\r\n\r\n","protected":false},"excerpt":{"rendered":"<p>We have created return triangles with dividends included for over 40 high-return stocks so that you can see the history [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_locale":"en_US","_original_post":"https:\/\/meine-renditeimmobilie.de\/?p=8946","footnotes":""},"categories":[189],"tags":[],"post_folder":[221],"class_list":["post-9568","post","type-post","status-publish","format-standard","hentry","category-stocks","en-US"],"_links":{"self":[{"href":"https:\/\/meine-renditeimmobilie.de\/wp-json\/wp\/v2\/posts\/9568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/meine-renditeimmobilie.de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/meine-renditeimmobilie.de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/meine-renditeimmobilie.de\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/meine-renditeimmobilie.de\/wp-json\/wp\/v2\/comments?post=9568"}],"version-history":[{"count":12,"href":"https:\/\/meine-renditeimmobilie.de\/wp-json\/wp\/v2\/posts\/9568\/revisions"}],"predecessor-version":[{"id":9575,"href":"https:\/\/meine-renditeimmobilie.de\/wp-json\/wp\/v2\/posts\/9568\/revisions\/9575"}],"wp:attachment":[{"href":"https:\/\/meine-renditeimmobilie.de\/wp-json\/wp\/v2\/media?parent=9568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/meine-renditeimmobilie.de\/wp-json\/wp\/v2\/categories?post=9568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/meine-renditeimmobilie.de\/wp-json\/wp\/v2\/tags?post=9568"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/meine-renditeimmobilie.de\/wp-json\/wp\/v2\/post_folder?post=9568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}