These MDAX stocks were among the best and worst
Here's how to navigate the market's ups and downs
The MDAX, an index of 50 medium-cap German stocks, has been a volatile performer in recent months. Some stocks have soared, while others have plunged. Here's a look at some of the best and worst performers from the MDAX in recent months.
Winners
Some of the best performers in the MDAX in recent months include:
- Zalando SE (ZAL): Zalando is an online fashion retailer that has benefited from the shift to online shopping during the COVID-19 pandemic. The company's shares have risen by more than 50% in the past year.
- Delivery Hero SE (DHER): Delivery Hero is a food delivery company that has also benefited from the pandemic. The company's shares have risen by more than 100% in the past year.
- HelloFresh SE (HFG): HelloFresh is a meal-kit delivery company that has also seen its shares rise by more than 100% in the past year.
Losers
Some of the worst performers in the MDAX in recent months include:
- Wirecard AG (WDI): Wirecard is a payment processing company that has been embroiled in a fraud scandal. The company's shares have fallen by more than 90% in the past year.
- Commerzbank AG (CBK): Commerzbank is a bank that has been hit by the COVID-19 pandemic. The company's shares have fallen by more than 50% in the past year.
- Thyssenkrupp AG (TKA): Thyssenkrupp is a steel company that has been hit by the global economic slowdown. The company's shares have fallen by more than 40% in the past year.
Outlook
The MDAX is likely to remain volatile in the coming months. The index is heavily exposed to the global economy, and the outlook for the global economy remains uncertain. However, there are some bright spots in the MDAX, such as Zalando, Delivery Hero, and HelloFresh. These companies are benefiting from the shift to online shopping and the increased demand for food delivery.
Investors should be aware of the risks involved in investing in the MDAX. The index is volatile, and some stocks could lose value in the future. However, there are also some opportunities for investors who are willing to take on risk. By carefully selecting stocks, investors can potentially generate strong returns from the MDAX.