When “cheap” stocks halve again 2024-03-09 17:14:54


Mostly reliable, tasty and practical: cooking box from Hellofresh – but the stock has been weakening since the end of Corona
Image: Hannah Aders

Drama about Hello Fresh and Tesla, hope from the federal government: The Dax remains in record mood.

WIf you come too late, you will not only be punished by life, but also by the stock market. What could you have bought cheaply from Amazon or Apple 25 years ago? You would at least be a millionaire today, you might have sat between Angela Merkel and Mark Zuckerberg at the gala dinner, and Zuckerberg would have had to be very humble because with the many share price gains from Apple and Amazon you would have taken over half of Facebook.

A former SPD candidate for chancellor would object: Had, had a bicycle chain. He is right. On the stock market, it doesn’t help to mourn missed opportunities. Fund manager Jan Beckers told us this week that new ones are coming every day. He too is right. For example, he thought Hello Fresh was a cheap stock. Good news for all non-Hello Fresh shareholders: the shares are now even cheaper. Price halving on Friday. The share of the meal kit mail order company only cost 6 euros instead of 96 euros at the Corona high.

#cheap #stocks #halve

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