The German economy is the largest economy in Europe.Germany is home to many world-class companies like Siemens, Allianz, SAP,etc. Before World War II, Germany used to be a Super Power. Following that tradition, today Germany is a leader in many fields such as engineering, chemical industry,etc. The world’s largest chemical company BASF (BASFY) is based there. It is a good idea to invest in top German stocks first if one wants exposure to Europe.
Picture: Munich, Germany
After the recent crash in world markets, some of the German ADR stocks have become cheap. The following is a list of all the German ADRs traded in New York Stock Exchange (NYSE):
1.Allianz: AZ
Nonlife Insurance
Yield = 8.93%
2.Daimler : DAI
Automobiles & Parts
Yield = 5.71%
3.Deutsche Bank: DB
Banks
Yield = 10.34%
4.Deutsche Telekom: DT
Mobile Telecom.
Yield = 7.88%
5.Fresenius Medical Care: FMS
HealthCareEquip.&Ser;
Yield = 1.85%
6.Infineon Technologies: IFX
Tech.Hardware&Equip.;
Yield = N/A
7.Qimonda: QI
Tech.Hardware&Equip.;
Yield = N/A
8.SAP : SAP
Software&ComputerSvc;
Yield = 2.15%
