October 23rd, 2024 | 07:00 CEST
Smartbroker Holding, First Hydrogen, Hensoldt - 3 Rebounders for the year-end sprint
The year 2024, a successful year on the stock market so far, is already in the home stretch. In particular, major indices such as the DAX, S&P 500, and Dow Jones have reached new historic highs and appear overbought at current levels. By contrast, opportunities are offered by the second tier of small and mid-caps, which are attracting attention with a successful turnaround story. Investors could seize the opportunity and switch from value to growth, as many undervalued gems are currently in play.
time to read: 3 minutes
|
Author:
Stefan Feulner
ISIN:
SMARTBROKER HOLDING AG | DE000A2GS609 , First Hydrogen Corp. | CA32057N1042 , HENSOLDT AG INH O.N. | DE000HAG0005
Table of contents:
"[...] We are committed to stay as the number one Canadian and global leader in the Hydrogen-On-Demand diesel technology [...]" Jim Payne, CEO, dynaCERT Inc.
Author
Stefan Feulner
The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
He is passionate about analyzing a wide variety of business models and investigating new trends.
Tag cloud
Shares cloud
Smartbroker Holding AG – Now the interest is coming
The team around CEO André Kolbinger is currently stepping on the gas when it comes to expanding the product range. In addition to the introduction of crypto trading with currently 25 digital currencies, which sets Smartbroker+ apart from established full-service brokers such as Flatex, ING DiBa, Consorsbank, and Comdirect, the Berlin-based company is now launching a daily interest-bearing account.
With a current 3% interest per year, the new offer is among the top performers on the German market and offers an attractive solution for both traders and investors who want to build up their retirement provisions. The account is an ideal addition for frequent traders in particular, allowing them to store their cash holdings profitably and access it immediately when a potential investment opportunity arises.
Smartbroker continues to pursue a strategy of designing the best product on the market with the low prices of a neo-broker for both active traders and longer-term investors. It is not for nothing that the online broker was awarded the title of "Best Broker" by Biallo.
In addition to expanding its product offerings, Smartbroker is also improving key performance indicators (KPIs). The Company aims to achieve real economies of scale by significantly ramping up its marketing efforts. Speaking of ramping up, since the year's low of EUR 5.54 in mid-August, the recent successes have been reflected in a rising share price. At EUR 8.10, the share is only marginally below the significant horizontal resistance at EUR 8.78. Assuming further positive fundamental data, a sustained breakthrough would generate a "Buy" signal, with an initial upside target of EUR 10.65.
First Hydrogen – Is the bottom in?
First Hydrogen, an emerging pioneer in the green hydrogen sector headquartered in Vancouver, is planning a significant expansion into Europe and North America. With additional locations in Montreal, London and soon in Germany, the Company aims to expand its fully integrated ecosystem for zero-emission mobility. Germany has been selected as the first European target market to integrate fuel cell propulsion into existing vehicle platforms of a major German manufacturer, with the aim of marketing a high-performance commercial vehicle at an estimated retail price of EUR 50,000. With a production rate of 10,000 vehicles annually, this could generate EUR 500 million in revenue.
First Hydrogen has made significant progress in the development of hydrogen-powered commercial vehicles (FCEVs), which have already passed real-world road tests in the UK, including at Amazon. With a range of 630 km per tank and high performance even in extreme temperatures, the Company now plans to build a production plant in Canada for 25,000 vehicles per year and a 35 MW plant to produce green hydrogen.
In addition to its plans in Europe and Canada, First Hydrogen is also focusing on the US, particularly California, where a new hydrogen center was recently opened. The positive outlook and global hydrogen strategy could lead to an imminent rise in the share, which is currently trading at CAD 0.40. The Relative Strength Index and the MACD trend-following indicator, which have been forming positive divergences for months, are offering the first signals.
Hensoldt – Analysts see high potential
The German defense company, which specializes in the production of sensor technologies, is not a pure turnaround candidate. Since the beginning of the war in Ukraine, the share price has risen by 189% to an all-time high of EUR 44.58 in April of the current stock market year. Since then, however, a correction has set in that has reduced the Hensoldt share price by around 39% to EUR 27.40. Encouragingly, after the crash, the upward trend established since October 2023 was successfully defended at this level.
At the start of the week, the producer of a wide range of advanced devices and systems, including radars and optical and optronic instruments, moved a further 5% away from the interim lows. This was due to a "Buy" recommendation by the research house Hauck & Aufhäuser. The analysts reiterated their "Buy" recommendation for the stock and named a price target of EUR 49. Even after the price gains recorded on Monday, this still corresponds to a potential of almost 55%.
Hauck & Aufhäuser are forecasting weak results for the third quarter, which are typical for the Company due to seasonal factors. Nevertheless, the analysts expect a high order intake. Hensoldt's financial results are scheduled to be released on Wednesday, November 6.
The Smartbroker Holding AG share continues to rebound. The addition of crypto trading and the introduction of a flexible interest account further enhanced the product range. Analysts from Hauck & Aufhäuser have a positive outlook on defense company Hensoldt. Meanwhile, First Hydrogen is planning its expansion into Europe.
Conflict of interest
Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.
In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.
For this reason, there is a concrete conflict of interest.
The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.
Risk notice
Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.
The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.
The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.