Daimler Truck: Competitor Volvo Signals Higher Order Inflows. Is the New Upgrade Cycle Around the Corner? Value Stock with a Single-Digit P/E Ratio!
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Among the cyclical values, the strength of truck manufacturers stands out today. Daimler Truck (DTR0CK) and Traton are among the best performers. Daimler Truck marks a new 6-month high. This is due to the numbers from competitor Volvo. The standout factor was the order intake, which was over a quarter higher at 61,200 trucks. The increasing orders are being viewed as an initial indication that improvement may be on the horizon and that the next upgrade cycle is approaching. This is likely to be accompanied by growing demand for robo and electric...
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