Is Affimed N.V. (AFMD) the Best German Stock to Buy Now?

Insider Monkey11-20

We recently compiled a list of the 10 Best German Stocks To Buy Now. In this article, we are going to take a look at where Affimed N.V. (NASDAQ:AFMD) stands against the other German stocks. In Germany...

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(AFMD) the Best German Stock to Buy Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-20 07:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/affimed-n-v-afmd-best-233349823.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently compiled a list of the 10 Best German Stocks To Buy Now. In this article, we are going to take a look at where Affimed N.V. (NASDAQ:AFMD) stands against the other German stocks.\nIn Germany...</p>\n\n<a href=\"https://finance.yahoo.com/news/affimed-n-v-afmd-best-233349823.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://finance.yahoo.com/news/affimed-n-v-afmd-best-233349823.html","article_id":"2484188921","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/UC8y1NkKYLMMJ2zo.Ze6EA--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/51340d6fca2c100639199b465c2a2ca3"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484188921","pubTimestamp":1732059229,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently compiled a list of the 10 Best German Stocks To Buy Now.In this article, we are going to take a look at where Affimed N.V.  stands against the other German stocks.In Germany, the economic growth is based on industry. 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ING analysts also emphasized that auto tariffs might have a \"part","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite","PSQ":"纳指反向ETF","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0154245756.USD":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","BK4588":"碎股","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","LU0154245673.USD":"BNP PARIBAS US MID CAP \"C\" (USD) INC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","QLD":"纳指两倍做多ETF","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","BK4112":"金融交易所和数据","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","QID":"纳指两倍做空ETF","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","SQQQ":"纳指三倍做空ETF","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU1917777945.USD":"安联专题基金Cl AT Acc","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","ICE":"洲际交易所","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","BK4585":"ETF&股票定投概念","AFMD":"Affimed NV","BK4139":"生物科技","TQQQ":"纳指三倍做多ETF","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC"},"translate_title":"Affimed N.V.(AFMD)是现在最值得购买的德国股票吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AFMD":1,"ICE":1,".IXIC":0.9,"TQQQ":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"SQQQ":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"We recently compiled a list of the 10 Best German Stocks To Buy Now. In this article, we are going to take a look at where Affimed N.V. (NASDAQ:AFMD) stands against the other German stocks.\nIn Germany, the economic growth is based on industry. According to Deutschland.de, Germany's manufacturing industry contributed 26.6% to the country's gross value in 2021. In contrast, the percentages were 16.8% in France, 18.4% in the USA, and 29% in Japan. Moreover, in 2020, manufacturing companies generated 2,096 billion euros (approximately $2.2 trillion) in revenue. The largest contributor, at 459 billion euros ($485.3 billion), was the automotive market.\nAccording to the aforementioned research report, the manufacturing market's export ratio in 2021 was 48.4%. Motor cars and motor vehicle parts were Germany's most important export products in 2022, totaling 244.4 billion euros ($258.4 billion) and accounting for 15.5% of German exports, as in previous years.  In this calculation, it is the value of the finished car counts, even though many parts are imported from other countries.\nAs per Torsten Schrimpf, Partner and International Business Centre Director at Grant Thornton in Germany, the key growth sectors in the country at present include healthcare and medical devices, plastics, and fintech. He claims that there has been an influx of financial services companies over the past few years as a result of Brexit, with many businesses setting up entities in the country or moving away from London entirely.\nNonetheless, currently, the stock market in Germany is under a lot of strain as economic sentiment weakens. The ZEW index dropped rapidly from 13.1 in October to 7.1 in November, falling far short of the 25-point one-year average. Indicating declining confidence among financial specialists, the index measuring the state of the economy also fell by 4.5 points to -91.4. Achim Wambach, a president of ZEW, commented that Germany's economic sentiment reflects ongoing concerns about trade and political risks, especially in light of recent events in the US. These drops mark a resurgence of worries about rising tariffs and possible trade obstacles affecting European exports in the wake of Donald Trump's victory as president of the United States. On November 5, 2024, the German DAX index fell by 0.7% in morning trading, confirming this pessimism. The euro also dropped by 0.4% versus the US dollar to a seven-month low of about 1.06, which was made worse by estimates of a stronger dollar due to Trump's proposed trade policies.\nFollowing Donald Trump's presidential victory, analysts at Citigroup and ING have voiced a cautious and pessimistic outlook for Germany's economy. According to Citigroup analysts, Donald Trump's victory could have a negative impact on German banks because of possible adjustments to interest rates, tariffs, and U.S. financial deregulation. ING analysts also emphasized that auto tariffs might have a \"particularly hard hit\" on the German economy, which is highly dependent on trade with the U.S. In light of Trump's critical views on NATO and the Ukraine crisis, this could increase economic uncertainty and erode trust metrics. ING cautioned that while tariffs would not be implemented right away, heightened concerns about trade conflicts might force Germany and the rest of the eurozone into a recession by the end of the year.\nMethodology:\nTo compile our list of the best German stocks to buy, we first made a list of all German firms that are trading on the NASDAQ and NYSE exchanges. Then we selected 10 stocks that had the highest upside potential. The stocks are ranked in ascending order of the upside potential, as of November 15.\nWhy are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here)\n A technician in the preclinical development working on innate cell engager. \nAffimed N.V. (NASDAQ:AFMD)\nUpside potential as of November 15: 359.77%\nAffimed N.V. (NASDAQ:AFMD) is a biopharmaceutical company in the clinical stage. The business is involved in the discovery and development of immunotherapies that target cancer. AFMD tops our list of the best German stocks.\nThe company’s product candidates are being developed in the field of immuno-oncology, which is a cancer treatment technique that aims to combat tumor cells by using the body's immune system. Based on its fundamental technology, it is actively involved in the discovery, pre-clinical, and clinical development of antibodies. The company is well-known for its in-house ROCK platform, which produces innate cell engagers (ICE) that target solid and hematologic malignancies.\nAffimed N.V. (NASDAQ:AFMD) generates revenue by providing research and development services to outside parties using intellectual property that is controlled by both the Group and other parties. Geographically, the United States is where it generates the majority of revenue, although it is also present in Germany.\nIn Q3 2024, cash, equivalents, and investments totaled €24.1 million ($25.5 million), with a cash runway predicted into the fourth quarter of 2025.\nH.C. Wainwright analyst Swayampakula Ramakanth kept his Buy recommendation for Affimed N.V. (NASDAQ:AFMD) at $10.00 on November 15, 2024. The rating of Swayampakula Ramakanth is based on several encouraging improvements at the company. The forthcoming clinical data updates for AFM24, especially as a treatment for non-small cell lung cancer, are an important reason for optimism. It is anticipated that these updates will provide remarkable response rates and progression-free survival metrics. In comparison to existing standards, the continuing investigations have already shown positive results, suggesting the possibility of great performance in subsequent phases.\nFurthermore, the encouraging outcomes of the LuminICE-203 research in Hodgkin lymphoma underline the revolutionary possibilities of Affimed N.V. (NASDAQ:AFMD)'s combination treatments, paving the way for important breakthroughs and collaborations.\nOverall AFMD ranks 1st on our list of the best German stocks to buy. While we acknowledge the potential of AFMD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AFMD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.   \nREAD NEXT:  8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.   \nDisclosure: None. This article is originally published at Insider Monkey.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484188921"}