Munich Re Shines, Fraport Stagnates, K+S Drops: Reviewing My German Stocks After A Year

Jul. 24, 2023 12:04 PM ET, , , , , , , , , ,
Silver Coast Research
2.33K Followers

Summary

  • It's time to review my investments in three German stocks: Munich Re, Fraport, and K+S.
  • Munich Re performed exceptionally well, Fraport showed average performance, and K+S dropped by 30%.
  • I discuss my expectations for these stocks for the rest of 2023 and beyond.
L’ancien siège social de Munich Re, la plus grande compagnie de réassurance au monde. Le bâtiment est situé à Schwabing, près du parc English Garden.

aprott/iStock Editorial via Getty Images

Back in May 2022, I decided to invest in three German stocks: reinsurer Munich Re (OTCPK:MURGF, OTCPK:MURGY), airport operator Fraport (OTCPK:FPRUF, OTCPK:FPRUY) and potash producer K+S (OTCQX:KPLUF, OTCQX:KPLUY). A year later, it's time

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2.33K Followers
Finance professional from France. My strategy is twofold: - I build capital by identifying small-cap stocks that are likely to appreciate in the near term. - I reinvest the profits from the small-cap stocks into more established dividend payers, in order to build a growing stream of passive income. When looking for undervalued small-cap stocks, my focus is on fundamentals and the presence of hidden assets and near-term catalysts. When looking for dividend stocks, I want decent coverage and capacity to grow the dividend, and I look for special situations where short-term headwinds provide a favorable entry point. I have been contributing to The Natural Resource Hub. However, all of the articles authored by me are entirely the product of my independent research.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of ALL THE STOCKS DISCUSSED either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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