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Speaking
on CNBC's Fast Money, Pete Najarian said that the bad news in
Ford Motor CompanyF is now priced in. He believes that the F-150 will be a very interesting release and he emphasized that the company still has a great cash flow.
Josh Brown said that the stock is dirt cheap, trading at 7.75 times next year's earnings, but it is also dead money because it is going to be ignored by the Wall Street. He believes that $14.30 is a very important support and if
Ford Motor Company fails to hold above that price level it could go to $12. Brown added that there is no reason to rush in this name.
Stephanie Link explained that
Ford Motor Company won't have the F-150 in sales until the next year, which increases costs. She likes better
General Motors CompanyGM because its new car is ready for sales and it trades at lower P/E. If she had to buy a stock in the space she would go with the auto parts sector and
Lear CorporationLEA looks like the best pick to her.
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