SAP is the heavyweight in the DAX portfolio. The tech company from Walldorf alone accounts for 14 percent of the weight in the leading German index of the 40 largest German stock corporations. These follow Deutsche Telekom and Siemens each with significantly less than 10 percent. That means: Around a seventh of the DAX performance depends on the ups and downs of SAP shares.
Things have been going up for investors recently. SAP shares have increased by almost 60 percent in the past twelve months, meaning the company is even keeping up with tech stocks in terms of growth USA with. Anyone who invested the equivalent of 2,000 euros in the stock at the start of the stock market in 1988 is now sitting on a six-figure fortune.
Even the three big German car manufacturers Volkswagen, BMW and Mercedes – once the pride of the German economy – are falling behind. Today they are even worth significantly less together than SAP. Why is that? What can the tech company from Walldorf do? And is it still worth investing in the share now? We’ll look at that in a new episode of our money manager.
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