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All content shown on these pages is for information purposes only and does not constitute investment advice or financial analysis within the meaning of the WpHG. No recommendations are made with regard to individual securities, so that the regulations for the analysis of financial instruments pursuant to Section 34b WpHG do not apply. The published information reflects the personal opinion of the authors and is not to be understood as an invitation to buy or sell certain securities. All information has been carefully researched, but no guarantee or liability can be assumed for the correctness, completeness and topicality of the content and information provided. Any investment in stocks is risky. In the worst case, there is a risk of total loss. No liability is accepted for any damage. Every investor who uses the information provided acts independently and is therefore responsible. Investors should also be aware that past performance is not a reliable indicator of future performance. There is also the possibility that the securities mentioned on these pages may be in the possession of the author at the same time. Conflicts of interest arising from this cannot be excluded.