Restart 2024: Potential for recovery at Vonovia and BASF

Restart 2024: Potential for recovery at Vonovia and BASF

According to a report by www.aktienwelt360.de, the year 2024 shows promising prospects for investors on the stock exchanges. Two stocks, Vonovia and BASF, could offer significant recovery potential. Companies' strategic realignments and decisions could have a positive impact on their prices and the prospects for investors.

Vonovia: Real estate company back on track?
The goal of selling around 66,000 apartments with a total value of around 13 billion euros signals a focus on core areas and could contribute to the stability of the company. In addition, the slowdown in the rise in interest rates in the new year should reduce Vonovia's expected financing costs and thus reduce the pressure on the company. With an expected P/E ratio of 8 and a P/B ratio of 0.84, the Bochum share remains attractively valued, provided the general conditions do not deteriorate.

BASF: Create clarity and seize opportunities
Combining Wintershall's business with Harbor Energy creates clarity for BASF and could allow the company to focus more on its core competencies. The share shows an expected P/E ratio of 14 and promises shareholders a continued stable dividend, which was most recently at EUR 3.40 per share.

Overall, Vonovia and BASF offer investors promising prospects for the restart in 2024. The strategic decisions tend to make the shares interesting options for investors who are counting on a sustainable turnaround. However, it remains important to closely monitor the development of companies and the market environment in order to make informed investment decisions.