|2022/09/26 / Erste Group Research|
Strong dividend stocks
Rating Changes: BNP Paribas, Deutsche Boerse, Unilever, Deutsche Post, Infosys
According to the AAII Sentiment Index, 61% of investors currently have a negative market assessment for the stock market. Accordingly, negative sentiment is only moderately strong. Significant market lows are usually only reached when the share of bearish investors exceeds approx. 75%.
In the current situation of high inflation rates and sharply rising yields, defensive stocks with high dividend yields have better earnings prospects than cyclical stocks, where dividend stability is low. Growth stocks with high valuations, on the other hand, are coming under pressure in this market situation.
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|Author||Erste Group Research|
|Product name||Recommendation List|
|Topic in focus||Equities|
|Economy in focus||Eurozone, United States|
|Currency in focus||Euro, US Dollar|
|Sector in focus||Automobiles & Parts, Banks, Basic Resources, Chemicals, Construction & Material, Financial Services, Food & Beverage, Health Care, Industrial Goods & Services, Insurance, Media, Oil & Gas, Personal & Household Goods, Retail, Technology, Telecommunications, Travel & Leisure, Utilities|
|Name||ISIN||# Erste Group products|
|Advanced Micro Devices||US0079031078||1|
|Amadeus IT Group||ES0109067019||0|
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