With High-End Luxury Car Sales Strong, Is Mercedes-Benz Stock Attractive?

Mercedes-Benz stock (OTCMKTS: MBGAF) has had a relatively strong year so far, with its stock up by almost 16%, roughly in line with the S&P 500. Mercedes has been benefiting from robust demand from wealthy customers for its high-end vehicles. For Q2, Mercedes saw the sales of its top-end vehicles reach 84,800 units, marking a 12% increase versus last year driven by stronger demand for…