Are german stocks at the bottom now?

Germany has been the hardest hit of all countries probably with the Ukraine war including the disastrous shutdown of their nuclear plants swapping for US LNG as I understand it.

I recently took a rather large position in BMW as I heard it thrown around a lot by people I follow and because their argument that it is probably too low.

My question is, are german stocks now at an all time low, where it makes sense to buy, as they can basically only improve or do we have more negativity to come?

Bullish arguments could be that Trump trying to end the Ukraine war might be good for Germany as they are shouldering the majority of those costs, however, there's also a bearish argument that US moving out of Ukraine will put more of the cost on Europe.

There's an election coming up soon in Germany and it's basically almost certain that the CDU conservatives will win, with or without support from AfD, but in any case, I think we should see a reopening of nuclear plants at the very least as well as more business friendly policies.

I was also in Rheinmetall, but sold again on recommendation from smart people that said it was probably as high as it could go, that all potential upsides were priced in. With Trump's Greenland adventure, am I sure of that now? I am hearing a lot of talk about Europe needing to stop buying US weapons and buy european instead.

Over all, I can see both for and against Germany, but the prices are supposedly low and honestly, Europe might be struggling overall, but Germany is Germany and has not lost all its engineers and all its knowhow and productivity.