Jim Lebenthal Is Bullish On General Motors Company And Ford Motor Company

, Jim Lebenthal said that he is a buyer of

and

. He explained that both stocks have under performed the market despite three months of good sales numbers. Lebenthal thinks that there is going to be another great sales report on Monday and he would get long ahead of the report. He believes that strong demand is going to continue. Lebenthal added that both stocks have a single digit forward price to earnings multiple and PEG ratio below 0.5.