We seem to be making headway in our soft recovery. Ford (ticker: F), for example, a member of the hard-hit auto industry, seems to be doing lots of things right.
My son Seth tells me that Alan Mullally’s idea is to be able to eventually provide a car for every person, configured exactly the way he or she wants it. While GM cut or slowed production on the Volt, Ford continues to do well in multiple categories. The stock looks attractive at the current P/E, doesn’t it?
Toyota (TM is the ticker) also has been doing quite nicely; unfortunately, the stock and P/E are less attractive.