"BMW'S SHARES LATELY HAVE been shunned by many institutional investors. But bullish investors argue that the stock will rise 20% or more if second-half 2007 margins expand on easing costs and easy comparisons to 2006. "It's inevitable that luxury cars will have to get cleaner," says David Friedman, research director for the vehicles program at the Union of Concerned Scientists, but "...BMW is clearly making some investments in this direction." He points in particular to its aim of putting greener technology into engines across its model lines."

"PPG stock looks like a good bet. The company is getting out of slow-growth markets like U.S. auto glass and reinvesting in more promising ones like Transitions eyeglass lenses."

"If the deal dies, the shares could fall to 22, about $6 less than book for a good business. An investor says it's worth at least the $31.50 buyout price -- and possibly $60 in two years."

"Given all of that, Moffett thinks investors ought to be buying the stock. "It has been brutally painful to own this stock, watching it go down 2% every day," he says. "But on the other hand, it is hard to make a case for anything other than adding to positions...there's always a gut check before you step in and buy a stock as unloved as Comcast. But history says that is when you get the best returns."