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Lars Winter

 

Lars Winter

  • Small Caps
  • Stockpicking
  • Value Investing

A native of North Hesse, he has over 25 years of experience in financial journalism and active portfolio management and is regarded as a proven expert on German small-cap stocks and special situations.

After studying law at the University of Göttingen with a focus on banking and capital markets law, he began his career in Frankfurt's financial scene at the turn of the millennium. As a stock market and business journalist, the passionate amateur golfer wrote for leading investment newsletters, financial newspapers, and business magazines, including PLATOW Börse, Capital Depesche, BÖRSE ONLINE, Capital, and the Financial Times Deutschland.

From 2011 to 2013, he headed the Frankfurt editorial office of the financial newspaper €uro am Sonntag. From 2013 to 2026, he served as deputy editor-in-chief of the well-known investor magazine BÖRSE ONLINE and was responsible for the premium stock market service "Lars Winter Report," which featured a highly successful real-money portfolio. He remains widely known to a broad financial audience through various podcasts, TV appearances, and prominent stock market events.

As an investor, Winter follows a disciplined stock-picking approach with a particular focus on small-cap stocks and undervalued companies in special situations. In his experience, especially among smaller second- and third-tier companies, there are still many undiscovered opportunities—regardless of the market environment—that can help investors succeed in various market phases.

As a fund manager, he is responsible, among other things, for the UCITS fund Salus Alpha Special Situations. His Wikifolio strategy, "BÖRSE ONLINE Nebenwerte", has ranked among the platform's most closely followed portfolios for many years and consistently manages a growing multi-million-euro investment volume.


Commented by Lars Winter

Commented by Lars Winter on September 25th, 2026 | 07:25 CEST

RE Royalties, TUI and Chevron in Focus: Three Promising Stocks, Three Bets on the Future

  • royalties
  • dividends
  • renewableenergy
  • travel
  • Oil

Whether financing solar power plants, selling vacations, or producing oil, RE Royalties, TUI and Chevron make their money in very different ways. The Canadian specialty financier boasts a large project pipeline, the travel group has reported new booking figures, and the US energy giant is seeing strong cash inflows. In this stock analysis, we take a closer look at these three companies, each presenting very different opportunities and risks.

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Commented by Lars Winter on September 25th, 2026 | 07:15 CEST

Standard Uranium, 2G Energy and Secunet: Three Stocks with Promising News Flow and Upside Potential

  • Uranium
  • nuclear
  • Energy
  • renewableenergy
  • decarbonization

A single drill core can have a greater impact on a small-cap resource stock than a major order does on an established machinery manufacturer. What matters is how much a piece of news changes the picture. Standard Uranium is hoping for a major discovery in Canada, 2G Energy is supplying power plants for the AI boom, and Secunet is benefiting from the demand for digital security. We present three exciting stories with promising news, but different risks and outlooks.

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Commented by Lars Winter on September 21st, 2026 | 07:05 CEST

Zefiro Methane, Shell and Siemens Energy: Three Promising Stocks with Plenty of Energy and Upside Potential

  • methane
  • OrphanWells
  • Oil
  • Energy
  • renewableenergy

Created and Published on Behalf of Zefiro Methane Corp.

When an oil well runs dry, the producer's business eventually ends. For Zefiro Methane, that is when it really begins. The North American environmental services provider plugs orphaned wells and remediates contaminated sites left behind by the fossil fuel industry. New multimillion-dollar contracts are putting the small-cap stock on the radar. Shares of Shell and Siemens Energy round out this trio from the energy and commodities sector, with strong cash inflows and bulging order books. In our stock review, we take a closer look at these three companies, their energy and their upside potential.

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Commented by Lars Winter on September 18th, 2026 | 07:50 CEST

The New Power in the Skies: Volatus Aerospace, Airbus and OHB in a Stock Analysis

  • Drones
  • Defense
  • hightech
  • geopolitics
  • aerospace

The war in Ukraine has shown just how fundamentally drones, satellites and autonomous systems are transforming modern warfare. At the same time, Europe and Canada are seeking to reduce their dependence on the US and China for security-critical technologies. It is not just established aerospace companies that stand to benefit from this trend. Volatus Aerospace, a small Canadian provider, is also positioning itself in this future-oriented market. Add to that Airbus, the European heavyweight, and OHB, a speculative bet on Europe's sovereignty in space. We take a closer look at these three aerospace specialists in our stock analysis.

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Commented by Lars Winter on September 15th, 2026 | 07:35 CEST

Power Metallic Mines, Oracle, and Adobe: Three Interesting Stocks Poised for a Revaluation?

  • PGMs
  • Copper
  • Electrification
  • Electromobility
  • computing
  • Technology

Copper and precious metals lie dormant beneath Québec's soil, billion-dollar contracts are piling up in Oracle's order books, and Adobe is earning handsomely despite AI concerns. Yet doubts prevail on the stock market. That is exactly what makes these three stocks so interesting. Canadian explorer Power Metallic Mines has significant upside potential: the first resource estimate for the Lion Zone adds substance to hopes of a new mine. Analysts believe this hot stock could more than double in value. With Oracle and Adobe as well, investors are wondering whether the market is correctly identifying the risks or underestimating the opportunities. Fresh figures and news may provide new reasons to buy. We are taking a closer look at this trio in our stock review.

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Commented by Lars Winter on September 11th, 2026 | 08:15 CEST

Standard Uranium, Volkswagen and Inditex: Three Stocks with Explosive Potential

  • Uranium
  • nuclear
  • Energy
  • Automotive
  • Fashion
  • consumergoods

A drill core can have a bigger impact on a small resource explorer than a billion in additional revenue for a global corporation. What matters is how much a piece of news shifts expectations. Uranium explorer Standard Uranium is searching for the big find in Canada, Volkswagen is embarking on a far-reaching corporate restructuring, and Zara's parent company Inditex is proving that fashion can be a lucrative business. Three very different stories - and ones investors should take a closer look at now.

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Commented by Lars Winter on September 9th, 2026 | 07:15 CEST

Desert Gold, Barrick Mining and Newmont – Three Gold Stocks Poised for the Next Rally

  • Mining
  • Gold
  • Africa
  • Commodities
  • geopolitics
  • rally

Gold is back above the USD 4,400 mark. After the precious metal briefly traded below USD 4,000 per ounce at the end of June, it has staged a strong recovery. Although US interest-rate expectations continue to create headwinds, the current price level is enough for many gold companies to generate substantial profits. Things get particularly exciting when a company's growth driver complements the gold market tailwind. Desert Gold is working toward the start of production, Barrick is preparing for an IPO, and Newmont is turning high selling prices into billions in profits. Three stocks for the next gold boom—each with very different starting points.

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Commented by Lars Winter on September 8th, 2026 | 07:55 CEST

Between the Commodity Rally and Brand Crisis: Almonty, Broadcom and Lululemon in Focus

  • Tungsten
  • CriticalMetals
  • Commodities
  • semiconductor
  • Apparel

At first glance, tungsten, AI chips and yoga pants have little in common. On the stock market, however, Almonty Industries, Broadcom and Lululemon are currently facing the same question: can these companies live up to the high expectations – or is too much future growth already priced into their shares? While Almonty needs to make the leap from mine developer to major producer, Broadcom continues to deliver record numbers. Lululemon, meanwhile, is struggling to restore the brand appeal it has lost. Three shares, three completely different starting points. We take a closer look at all three stocks in our share review.

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Commented by Lars Winter on September 4th, 2026 | 07:40 CEST

Data, Chips and the Big AI Business: Aspermont, Broadcom and Hewlett Packard in our Stock Check

  • Digitization
  • bigdata
  • AI
  • Software
  • chips

Artificial intelligence is about more than the race to develop the fastest processor. High-quality data, networks and servers are equally important. Broadcom and Hewlett Packard Enterprise are already generating billions from the expansion of AI infrastructure. Australian micro-cap Aspermont, by contrast, is only at the beginning of its transformation—with correspondingly significant opportunities and risks. We take a closer look at these three interesting stocks in our stock check.

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Commented by Lars Winter on September 2nd, 2026 | 07:00 CEST

Good News from Zefiro Methane, Bayer and Disney: Three Interesting Stocks in Focus

  • methane
  • OrphanWells
  • Energy
  • LifeSciences
  • entertainment

Created and published on behalf of Zefiro Methane

On the stock market, there are many paths to success. Zefiro Methane is benefiting from the remediation of legacy oil and gas wells across North America, Bayer is emerging from the shadow of its glyphosate lawsuits, and Disney is returning to growth once again through its films, theme parks and streaming business. Three completely different business models, but all three stocks have recently seen a noticeable improvement in their news flow. We take a closer look at these stocks and their latest developments.

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