Is this a great time to buy Daimler AG stocks?
Daimler AG is entering a strong time of year. Over the last 10 years, the stock has risen 10 times between April 15 and April 28. The largest return was +10.10% in 2020. The smallest gain was +0.29% in 2018. The average return has been +4.01% over the last 10 years and the annualised return has been an impressive +199.52%. Is this the time to buy despite worse lockdowns expected for Germany in the coming months. Or is this a good time to buy any deep dips lower for the medium term?
Daimler AG is a German multinational automotive corporation headquartered in Stuttgart, Germany. It is one of the world’s leading car and truck manufacturers. Daimler-Benz was formed with the merger of Benz and Ice in 1926.
- There is a growing risk that investors consider equity markets overbought and that could see a correction. It is hard to know when that correction will come, but investors need to be aware of the potential risk.