BMW described as unusually cheap amid Chinese market pressure
Barrons.com says BMW’s stock looks cheap despite shrinking profit margins and weakening conditions in the Chinese market. It also cites a strong balance sheet and a new electric-vehicle platform that could support margin rebound.
The German luxury-car maker has an impeccable balance sheet and a great new electric-vehicle platform.
Its profit margins should rebound.By Andrew BaryBMW is one of the best-run auto makers in the world, and its depressed stock looks like a bargain despite shrinking profit margins and a weakening C…