Ford vs. GM—The Better Buy Now: Analysts
General Motors posted a stronger-than-expected U.S. sales report in December, but Dave Whiston, auto analyst at Morningstar and David Silver, equity research analyst at Wall Street Strategies posed opposing views on the automaker’s stock.
“I do like both companies (GM and Ford ), but GM is the way to make money faster right now because of the IPO,” Whiston told CNBC. “The stock is worth $46 [a share].”
Whiston has a 4-star rating on GM stock.
In the meantime, Silver has a “hold” rating on GM and a “buy” rating on Ford.
“I like Ford’s lineup much better than GM—GM doesn’t have that next new car except for the Chevy Volt which I don’t think will be successful until 2012 or 2013,” explained Silver.
“Ford has all these new vehicles that are pushing their auto sales higher this year and next year before Chevy comes up with their next big launch.”
Scorecard—What They Said:
- Silver's Previous Appearance on CNBC (Dec. 31, 2010)
- Whiston's Previous Appearance on CNBC (Dec. 7, 2010)
More Market Intelligence:
- Ford: The Best American Automaker?
- Why Ford Is Still a 'Better Buy' Over GM: Analyst
- Would You Buy a GM Car?
CNBC Data Pages:
Other Auto Giants:
Silver and his family own shares of F. Silver does not own shares of GM or TM.
No immediate information was available for Whiston or his firm.