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There are many different ways to buy Car Stocks in the stock
market. You can buy the pure play automobile companies or buy the stock of auto suppliers. Both of these
sectors are a pure play on the US economy in 2012. Vehicle stocks dropped
during the summer of 2011 as it appeared likely that the US would head into recession. As we head into 2012,
Europe is not doing well but it doesn't look like the US will go into a recession. Car stocks have been really
hot in 2012 with General Motors (GM) and Ford (F) seeing nice gains.
Best Car Stocks 2012
Ford Motor Co (F) - One
of the Top Car Stocks in 2012 and heading into 2013 will be Ford Motor Company (F). Ford
stock dropped all the way down to $9 in late 2011 after vehicle sales took a minor dip. Ford (F) has recently bounced
back as the US economy is showing strength. While I like Ford (F) stock a lot below $10, I would still buy
it in the $12's. Ford never needed the auto bailout and this sat very well with consumers. I feel Ford cars are
starting to look a bit better and they are very affordable as well. All of this combined should continue to treat Ford
well in 2012. Ford Price Target 2012 - $14.
Toyota Motor (TM) - It's hard to believe that Toyota Motor (TM) stock
is trading down in the $60's in 2012. This automotive company had some problems in 2011 but now I think the stock is a buy.
I feel TM stock can hit $80 at some point in 2012 and I am sticking with that price target.
General Motors
(GM) - As we begin 2012, General Motors (GM) stock is up 20% to $24.15. After hitting $37 in 2011, GM stock has dropped
off a cliff. I feel GM stock can continue it's momentum higher in 2012. I am personally watching the resistance area at $25
as well as $26.55. If General Motors breaks up through $26.55, the stock becomes a buy. This is one of the best truck &
SUV stocks to buy.
General Motors Company (GM) is a global automotive company. It develops, produces and markets
cars, trucks, SUV's, and parts worldwide. GM also provides automotive financing services through General Motors Financial
Company, Inc. (GM Financial), formerly AmeriCredit Corp. (AmeriCredit).
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