Mercedes-Benz Stocks?
Thread Starter
Senior Member
Joined: May 2003
Posts: 466
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From: South Florida
05 E500
Mercedes-Benz Stocks?
Anyone have stock with MB? (NYSE ticker symbol DCX).
Of all the luxury automakers, only MB is showing increased sales and, as a result their shares/stocks are up, while those other luxury automakers are suffering a slight downtrend right now (as is many in the non-luxury market). Fluctuation may occur, but overall, especially with the new C-Class sales projections, a good stock to have. (This was highlighted in today's stock advice on MSNBC.)
I have several automotive shares, but only MB is on the upside right now. If only this were helping the depreciation level.
http://www.reuters.com/finance/stock...e?symbol=DAI.N
http://www.wikinvest.com/stock/DAIMLERCHRYSLER_AG_(DAI)
(Of course, the ultra-exotics are still selling as their market is rather immune to conditions.)
Of all the luxury automakers, only MB is showing increased sales and, as a result their shares/stocks are up, while those other luxury automakers are suffering a slight downtrend right now (as is many in the non-luxury market). Fluctuation may occur, but overall, especially with the new C-Class sales projections, a good stock to have. (This was highlighted in today's stock advice on MSNBC.)
I have several automotive shares, but only MB is on the upside right now. If only this were helping the depreciation level.
http://www.reuters.com/finance/stock...e?symbol=DAI.N
http://www.wikinvest.com/stock/DAIMLERCHRYSLER_AG_(DAI)
(Of course, the ultra-exotics are still selling as their market is rather immune to conditions.)
Super Member
Joined: Feb 2005
Posts: 624
Likes: 7
From: Las Vegas
1987 190E 2.3
I bought a few shares of DCX now DAI back in umm 00? when it was around $70 it then tanked and a was down to $24 last year. It only went up when Mercedes said they were selling Chysler. It has since been up to $110 and now is 70ish. It has been going down the past few weeks.
I wanted to buy more when it was at $24 but didn't
Sad thing is, it is one of the best performing investment I have had
I wanted to buy more when it was at $24 but didn't
Sad thing is, it is one of the best performing investment I have had
Thread Starter
Senior Member
Joined: May 2003
Posts: 466
Likes: 0
From: South Florida
05 E500
I bought a few shares of DCX now DAI back in umm 00? when it was around $70 it then tanked and a was down to $24 last year. It only went up when Mercedes said they were selling Chrysler. It has since been up to $110 and now is 70ish. It has been going down the past few weeks.
I wanted to buy more when it was at $24 but didn't.
Sad thing is, it is one of the best performing investment I have had
I wanted to buy more when it was at $24 but didn't.
Sad thing is, it is one of the best performing investment I have had
