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Daimler(DDAIF) as the maker of Mercedes-Benz car. So do consumers in more than 100 countries. While Mercedes is seen as a premium brand here in the U.S., it's vehicles run the gamut in other regions, spanning taxis, buses, trucks and, of course, those premium vehicles.
Daimler's global reach helped the company secure $131 billion in revenue last year. That's on par with
Ford's(F) sales base and not far behind industry leader
GM's(GM)$150 annual revenue base.
To be sure, the quarters ahead will be challenging. Analysts expect Daimler's sales to grow less than 5% in 2012 and 2013, and EPS will likely be stuck in the $6 -to-$7 range. Still, might investors have punished this stock too much in light of the near-term slowdown?
Daimler's market value has slumped from $80 billion a year ago to a recent $46 billion. You can only make major gains with blue-chips such as Daimler when they are temporarily deeply out of favor, which is the case right now.
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