Gert Kambärt is a Director at Dierickx Leys Private Bank. His five favorite stocks are Alphabet, Microsoft, Check Point, LVMH and Eurofins.
1) The alphabet
It derives most of its revenue from advertising through the Google search engine and the Adsense and Adwords advertising platforms. Thanks for that The dominant position in online advertisingthe group succeeds, year after year, publishing a dossier double-digit growth.
In addition, subsidiaries such as Google Play and the cloud business also show strong growth. Therefore, Alphabet may continue to improve its results in the coming years. we think that The current pressure on the advertising market is only temporary.
known who Windows and Office programs Which supplies the vast majority of computers in the world. These activities generate recurring revenue that increases every year.
Moreover, with Azure, the group has also bet in recent years on its cloud activitieswhich is now the major player after Amazon.
We expect Microsoft to continue its momentum with Strong positions in various sectors. We do not rule out a Slowing growth due to a (temporary) decline in PC and tablet sales.
3) Check point
is a global resource for Integrated cyber security services, whether for companies or public services. The group should benefit from Increased commercial demand In this segment over the next few years. The Sell season tickets It also generates recurring revenue, which protects the company in times of downturn.
With $3.6 billion in cash and zero leverage, Check Point has it Enough room to buy back private equity and make acquisitionswhich can boost earnings per share.
he is here The largest luxury company in the world. she has Great selection of brands (Louis Vuitton, Christian Dior, Dom Pérignon, etc.). The company is sheltered from recession and has once again managed to post higher results. Moreover, she can pass without difficulty Excess of costs over selling priceswhich is an important asset in this period of high inflation.
It is one of the major players in the sector Bioanalytical tests He specializes in environmental analysis, nutritional analysis and analyzes for the medical sector. In recent years, the company has shown a nice growthorganically and through a series of acquisitions.
I got an extra boost thanks Request COVID tests. With the gradual decline in demand, the stock has lost a lot of ground, however The long-term outlook remains positive.