Is Daimler AG a Winner in the Auto Manufacturers Industry?

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Shares of DDAIF have gained 22.1% year-to-date versus the First Trust NASDAQ Global Auto Index Fund’s (CARZ) 16% returns.

Also, the stock has gained 109.3% over the past year and 23.4% over the past six months. As the company focuses on a sustainable business strategy to expand its electric vehicle portfolio and deliver a CO2-neutral fleet of new cars, it is well positioned to capitalize on the EV industry tailwinds.

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