Barron’s says BMW shares look cheap despite margin pressure
Barron’s highlights BMW’s “impeccable balance sheet” and new EV platform, arguing profit margins should rebound even as shrinking margins and weakening momentum pressure the stock.
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…