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2023/04/25 / Erste Group Research

Luxury brands attractively valued

The reporting season for the results of the 1Q is in full swing. The big U.S. banks have reported its business performance in the last quarter. Net interest income rose sharply year-on-year at major banks, while commission income fell slightly. For the most part, earnings and earnings were reported that exceeded expectations.

This week, the largest technology companies such as Microsoft, Alphabet, Amazon.com and Intel, as well as some of the largest pharmaceutical and energy companies, report on their sales and profit development in 1Q.

Rating Changes: Moncler, NVIDIA, Kering, NextEra Energy

Taiwan Semiconductor: Technology leader in the manufacturing sector - Weakening of profits expected in the short term
Stellantis: After a record year in 2022: Weakening sales and profit decline expected in 2023

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General information

AuthorErste Group Research
Date2023/04/25
Languageen
Product nameRecommendation List
Topic in focusEquities
Economy in focusGermany, Switzerland, United Kingdom, United States
Currency in focusBritish Pound, Euro, Swiss Franc, US Dollar
Sector in focusAutomobiles & 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
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Related financial instruments

Page 6 of 6
Name  ISIN# Erste Group products
VisaUS92826C83940
VolkswagenDE00076640394
WalmartUS93114210390
Walt DisneyUS25468710600



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