A tough year is coming to an end in the stock market, and many investors are looking to the future. Are the stock markets recovering without a recession or are they still falling?
According to investment experts at private bank Vontobel, there are some Swiss stocks with high potential in the new year. They are offering a handful of Swiss stocks in “Top Picks 2023”. The potential calculated as a percentage represents the closing price of the relevant stock on 25 November 2022.
Top 10 stocks of 2023
| Company: | Price target (CHF): | Closing price 11/25/22 (CHF): | Potential (%): |
| lonza | 750 | 503 | 49.0 |
| Stadler Rail | 42 | 31.90 | 31.7 |
| holcim | 63 | 49.30 | 27.7 |
| coma | 320 | 254 | 26.2 |
| airport Zurich | 200 | 159 | 26.1 |
| Roche | 392 | 312 | 25.5 |
| accelerator | 23 | 18.30 | 25.6 |
| Nestlé | 140 | 113 | 23.9 |
| PSP Swiss Property | 132 | 107 | 23.7 |
| VAT | 321 | 267 | 20.3 |
Chemistry, technology and medicine at the top
At the top of the list is the securities of the chemical and pharmaceutical group Lonza, by a wide margin. The stock has skyrocketed over the past few years. According to investment experts, there will be a return of up to 49 percent next year after the intermediate low in 2022. Lonza sometimes earns his money from Covid vaccines.
Peter Spuhler’s (63) train manufacturer Stadler Rail came in second. Just this week, the company managed to conclude an agreement for the production of more than 500 train cars worth 2.3 billion Swiss francs. The order books are full, which promises a price increase in the stock market.
Construction materials manufacturer Holcim came in third. After all, Vontobel experts expect a return of about 30 percent on the share next year. Securities of the Komax company from Dierikon LU are also very popular. The technology company employs 2000 people worldwide and is active in the promising automation industry.
Rounded to top 5 Zurich Airport shares. The travel industry is on the rise again after the pandemic. Airport expects to return to pre-pandemic flight volumes next year.
Big bank UBS has barely made it to the top 10. But Vontobel analysts also expect price increases of almost 17 percent in the new year. Competitor CS shines with its absence on the list of the most promising Swiss stocks. The stock is hovering around a historically low of 3 francs. Vontobel analysts also don’t seem to believe they can make a big improvement in the new year.
difficult prophecies
However, these are all just guesses. How good or bad the 2023 stock market year will actually be depends, among other things, on the evolution of inflation. The Ukraine war, energy shortages, and tensions between China and the United States also create uncertainty.