F
Ford ($12.61) is looking pretty good at these levels. It is strong technically and has a decent valuation with its PEG and Price/Sales looking good compared to other competitors.
I agree with AZuser regarding the macro-economic issues that could slow growth for Ford. Europe is certainly one issue and issues will come to U.S. too at some point.
I'm getting a little concerned adding new long positions in this recent rally though. A pullback to the 10-11 range would be in order to temp me a little more on this one. I think the current market rally will begin fading before mid-February and this might bring about some nice buying opportunities for stocks like F.
I currently hold Tata (ttm $22.09) so I have a little exposure to the auto industry and like the economy in India a little more at the moment.
I agree with AZuser regarding the macro-economic issues that could slow growth for Ford. Europe is certainly one issue and issues will come to U.S. too at some point.
I'm getting a little concerned adding new long positions in this recent rally though. A pullback to the 10-11 range would be in order to temp me a little more on this one. I think the current market rally will begin fading before mid-February and this might bring about some nice buying opportunities for stocks like F.
I currently hold Tata (ttm $22.09) so I have a little exposure to the auto industry and like the economy in India a little more at the moment.







