SANMARTIN_TR

MERCEDES GROUP, LONG POSITION

Long
XETR:MBG   MERCEDES-BENZ GROUP AG
Good fundamentals

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. The company develops, manufactures, and sells premium and luxury cars and vans under the Mercedes-AMG, Mercedes-Benz, Mercedes-Maybach, and Mercedes-EQ brands, as well as related spare parts and accessories. It also provides financing, leasing, car subscription and rental, fleet management, insurance brokerage, and mobility services, as well as digital services for charging and payment.

High shareholder yield
Has raised its dividend for 3 consecutive years
Stock generally trades with low price volatility
Prominent player in the Automobiles industry
Stockholders receive high returns on book equity
Analysts predict the company will be profitable this year

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