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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (60248)12/27/2017 10:40:23 AM
From: E_K_S  Read Replies (1) of 61084
 
Re: GM

Looks like it is +15% from last year too. I have looked at the other auto companies you posted as well as from my recent auto shopping experience (looking to Buy something in 2018-2019).

The big difference this year from last is the autonomous driving business and the way millennials will use this service rather than Buy and own a car.

I like your idea on tires too. If/when UBER does their IPO I suspect it will be way over priced. GM is big enough to operate their own autonomous driving service/division, so maybe this is a hidden asset.

I do own F from 2001 mainly because of their F150 truck sales. It's been an ok buy & hold.

FWIW, I put $2K into my old car (2005 VW passat wagon) so it will last until I can Buy a one year old 2018 model year. No rush for me as I do not drive much. The repairs were minor but at $185/hr shop rates add up.

EKS
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