I'm really glad I invested in VW again, the results are LUXURIOUS!
Profit: €5.75 billion vs €5.51 billion estimate
Revenue: €76.20 billion vs $72.30 billion estimate
For me, the price is brutally and perhaps absurdly low, undervalued by tens of percent. An established company with a dividend that is undervalued and has outperformed? Nothing to talk about here guys.
Do you have VW in your portfolio? 😎
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Have you looked at other car companies? Of the German ones, I like Mercedes-Benz and Porsche.