5 Best German Stocks to Buy Now

Page 1 of 5

In this article, we discuss the 5 best German stocks to buy now. If you want to read our detailed analysis of German stocks, go directly to the 10 Best German Stocks to Buy Now

5. Volkswagen AG (ETR:VOW3.DE)

Number of Hedge Fund Holders: N/A

Volkswagen AG (ETR:VOW3.DE) ranks fifth on our list of the best German stocks to buy now. It is a German automotive corporation that is best known for making passenger vehicles. The company was founded in 1937 and expanded its production in the 1950s by introducing the Transporter van.

In Q2 2021, Volkswagen AG (ETR:VOW3.DE) posted revenue of €67.29 billion, showcasing 63.8% year-over-year growth. The company’s global vehicle deliveries grew by 27.9% at 5 million in Q2, which was previously impacted by Covid-19. In its financial report, Volkswagen AG (ETR:VOW3.DE) also reported an 8.8% operating return on sales in the first six months of 2021 and expects the figure to reach 6.0% to 7.5% by the end of the year. In August, Barclays lifted its price target on Volkswagen AG (ETR:VOW3.DE) to €295, while keeping an ‘Overweight’ rating on the shares.

Page 1 of 5