Daimler Roars Back To Life
Charles Sizemore | Jun 17, 2013 11:18AM ET
Back in March, I recommended that readers use the recent weakness in Daimler (Daimler’s profit outlook is looking up , and demand for the redesigned S-Class -- its high-end flagship model -- has been strong.
Roll With The Rotation
As investors continue to rotate out of defensive sectors and into more cyclical, economically sensitive sectors, automakers such as Daimler should continue to do well. I’m expecting a strong finish to 2013.
If you don’t own shares of Daimler already, I recommend buying on any dips.
Disclosures: Sizemore Capital is long Daimler. This article first appeared on InvestorPlace.
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