Daimler AG (USA) (NASDAQOTH:DDAIF)

CAPS Rating: 2 out of 5

The Company develops, manufactures, distributes and sells a range of automotive products, mainly passenger cars, trucks, vans and buses. It also provides financial and other services relating to its automotive businesses.

Recs

2
Player Avatar finstockadvisor (67.04) Submitted: 6/9/2011 6:33:50 PM : Outperform Start Price: $68.22 DDAIF Score: -10.29

The E-Class and S-Class Mercedes-benz cars along with the Daimler trucks should continue to lead Daimler further. Started to see good growth in Western Europe, US, China, Germany and Turkey, also demand from developing companies such as Latin America should also help the bottom line. Many expect the auto market to fully recover in 2012 and Daimler should benefit greatly from this.

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