Over the course of this year, $STLAstock is down about 40%. I used to want to buy the stock, but I haven't. Now is a pretty good buying opportunity, but recent results have not been good.
🚗📈 Mercedes-Benz and the important transition to electromobility! 🌱
Company results Mercedes-Benz for the first quarter 2024 reveals a decline in sales, but at the same time shows an increase in the share of electric vehicles.
Mercedes-Benz joins a group of European automotive giants that today reveal their financial results for the first quarter 2024.
Some time ago I wrote a status about Stellantis. I was very intrigued by the company, and of the automotive sector, I like this one probably the most. However, I still don't know at what price I should buy $STLA stock. The current price doesn't seem bad to me, but I'd rather buy below $20.
What do you think about $STLA stock and its price?
I have a feeling that somehow the bag of investors in $STLA has been ripped open (probably due to very satisfactory results). Beware, it's not Tesla, but Stellantis - the world's fourth largest automaker in 2022. And if you haven't heard of this holding company, here are some brands you'll be familiar with.
It's horrible and the important thing is the reason why the stock is falling. European car companies are not doing well and it's a risk to invest now.