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My Notes
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🚗📈 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.
Mercedes-Benz Group AG
MBG.DEOpen €65.65
Day range €65.29 - €66.03
52 week range €55.08 - €77.45
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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-1.0% stock. The current price doesn't seem bad to me, but I'd rather buy below $20.
What do you think about $STLA-1.0% stock and its price?
Stellantis N.V.
STLACapital Structure
Market Cap
66.3B
Enterpr. Val.
46.8B
Valuation
P/E
3.4
P/S
0.3
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I'm not sure if we'll ever go there again, but I'm also set on buying $18. Even the current price seems great.
I have a feeling that somehow the bag of investors in $STLA-1.0% 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.
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So I looked at the stock in more detail and I quite like it, I'm putting it on my radar and I'll consider buying it when there's a discount :3
It's a quality company and the dividend is attractive. Thanks for the info😁