Fast Money Traders Debate On General Motors

Pete Najarian and Stephen Weiss spoke on CNBC's Fast Money about General Motors Company GM. Najarian thinks that all the bad news are priced in as the stock is not reacting to the headlines as much as it used to. He added that General Motors is fundamentally going in the right direction. The revenue and margins are growing in North America. Weiss is not negative about the stock, he just doesn't want to own it because the momentum is broken. He also doesn't like the decisions the management is making and he believes that the risk - reward is not attractive. Weiss thinks that General Motors is much more expensive than Ford Motor Company F.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CNBCFast MoneyMediaPete NajarianStephen Weiss
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!