In a recent article for Real Money, Validea CEO John Reese takes a look at a couple intriguing stocks in the long-maligned auto industry.
“On its knees in 2008 and 2009, the industry is in the midst of a significant comeback, along with the kindred truck industry,” Reese writes. “It should be no surprise to learn some auto and truck makers are doing well enough to earn your consideration as investments.”
Reese looks at two automobile industry companies — both foreign — that pass the “Guru Strategy” he bases on the writings of James O’Shaughnessy. Among them: Mercedes-maker Daimler.