Buy Daimler AG || Mercedes-Benz || Germany Automobile Giant || DAC

Daimler AG brought good news for the investor as well as for the company. The company profitability rose from Euro 2.15 Bn to Euro 4.0 Bn. The car division revived as car division clocked Euro 2.23 Bn in profit whereas struggling Truck Business is also back in Profit with Euro 668 Mn. As per the current share price of Daimler AG, its a clear buy as High EPS and Growing profit margin indicate the further growth. The another important factor is growing economy of Germany and it is expected that Germany GDP is in expansion mode which will open new door for the company to grow their business and reduce dealership discount.

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About Devendra Prasad

20 years plus industry veteran of domestic and international ICT domain with the expertise in Business, Technology, Strategy and Analysis. Specializes in forecasting impact analysis, trends and recommendations for Investments, Technology and Regulations.