Realising Earnings fromin accordance with portfolio strategy:
Dr. Pepper: Sale of 790 shares. Future earnings will be calculated on the base of purchase value +20.15%. I consider the May 2020 spin-off of some parts of Keurig's coffee business as beneficial as my core interest in Dr Pepper lies within its softdrink brands. I am torn between selling and keeping the stock. As consumer goods may proove a valuable anchor during the current pandemic, I keep it for now. Its value depends on a rising market share in the sale of cold beverages.
E.ON: Sale of 290 shares. Future earnings will be calculated on the base of purchase value +11.61%. I bought E.ON for becoming an easy way to invest into German energy infrastructure. Its earnings from infrastructure marked about 40% of the positive contribution to E.ON's EBIT, the rest being mainly "customer solutions". In 2019 investments into infrastructure were about twice as high as those into customer solutions. In 2020 1.3bn Euros are to invested into infrastructure, four times the investments into customer solutions. I consider this very positive as the need for energy infrastructure will grow with the rise of e-mobility and the German turn towards renewable energies.
Nvidia: Sale of 65 shares. Future earnings will be calculated on the base of purchase value +115.69%. Nvidia went through quite a bump as its products were used for bitcoin mining. The burst of the 2017 bitcoin bubble lead to considerable temporary losses for Nvidia. I did however buy Nvidia for their core product, graphics chips. Those are very useful for the current ways to build self-driving cars which I consider one of the main factors for economic growth in the first half of the 21st century. A close eye has to be kept on the auto manufacturers however: If the Chinese manufacturers get the technological lead, Nvidia may suffer the consequences of the current exclusion of Huawei from Western contracts.mehr anzeigen