Top 3 German Stocks to Buy

Top 3 German Stocks to Buy

2021-09-22 • Updated

Wonderful news for FBS traders! We’ve added 30 German stocks from Frankfurt Stock Exchange (FSE). The stocks are available for trading on MetaTrader 5 or in the FBS Trader app. FSE working hours are from 10:00 to 18:00 MT time, and that’s when you can trade these stocks.

Here are the top 3 German stocks.

SAP

This company is the leading software corporation in Germany and the whole EuroZone. The COVID-19 pandemic boosted the technology sector as the work-from-home regime increased demand for cloud-based solutions. More and more businesses start using cloud solutions and SAP’s client base keeps growing, that’s why the company has a bright future. Time to look at the chart. The stock of SAP is moving inside the ascending channel. The recent concerns over China’s Evergrande and the overall risk-off sentiment pressed all the stocks down, and SAP as well. Thus, we can observe the stock near the lower line of the channel. Thus, there is a high probability that the stock is going to reverse up and rally back to the 50-day moving average of $124.00. Support levels are the recent lows of $119.00 and $117.00.

#SAPDaily.png

Linde (LIN)

This company is the largest industrial gas company by market share and revenue! Its stock price has surged by 160% over five years. Incredible! The price has just broken above the 50-day moving average of $260.00, clearing the way up to the next resistance level of $265.00. If it breaks it, the stock can return to the all-time highs of $270.00.

#LINDaily.png

Volkswagen (VOW)

Volkswagen is the third-largest automaker after Tesla and Toyota by market cap. After a sharp hike at the beginning of 2021, the stock of Volkswagen is moving sideways between $260.00 and $315.00. Now the stock is at the lower part of this channel. It means that the stock is going to reverse up in the upcoming days. The jump above $275.00 will open the doors to the 50- and 100-day moving averages which lie together near $285.00. Support levels are $260.00 and the 200-day moving average of $250.00.From the fundamental point of view, VOW is positioned really well as the focus on electric vehicles continues and the company develops in this segment.

#VOWDaily.png

Don't know how to trade stocks? Here are some simple steps.

  1. First of all, be sure you’ve downloaded FBS Trader app or Metatrader 5. FBS allows you to trade stocks only through this software.
  2. Open an account in FBS Trader or the MT5 account in your personal area.
  3. Start trading!

Similar

Best Stocks to Trade This Earnings Season
Best Stocks to Trade This Earnings Season

There is a period every stock trader loves the most due to significant movements, increased volatility, and, possibly, big gains. Open your trading apps and be ready to act! Earnings season comes four times a year and we crave to share our expectations with you.

Best Stocks to Buy in April! 
Best Stocks to Buy in April! 

As April approaches, investors are searching for good opportunities in the stock market. There are two booming industries that look positive in the coming period; electric vehicle (EV) stocks and banking stocks.

Latest news

Walmart earnings outlook
Walmart earnings outlook

Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera