Ticker: $DDAIF Current price: $81,65 Target price: $100,78 | 🚀 Robin Rocket

Ticker: $DDAIF

Current price: $81,65
Target price: $100,78

Daimler AG is a large German manufacturer of cars, trucks, vans and buses.

Mercedes is accelerating the transition to BEV by announcing a new strategy and demonstrating a strong commitment to winning the race.

Daimler's strong financial performance with high free cash flow yield, gross profit margins and relatively low fixed costs, which is especially important in an inflationary environment.

The attractive valuation offers a unique opportunity to buy quality stocks with lower multiples than peers and a 36% upside potential according to SOTP estimates.

Daimler is well positioned in a high inflation environment due to its "low duration".

Not an investment recommendation.