Fast Money's GM Bankruptcy Trades
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Date updated:06-03-2009
With all the news surrounding GM’s bankruptcy filing today, investors are playing the announcement in different ways.
-
F
Ford Motor Co - $8.73
- +1.04%
- $8.84
Goldman is positive on Ford (F), said Guy Adami. I like Ford as well. If Ford pulls back to $5, I think it’s a great entry point, echoes Pete Najarian.
-
TM
Toyota Mtr Cp Ads - $77.48
- +0.66%
- $77.64
I think the bankruptcy is fully priced into the space, speculates Joe Terranova. I have rivals Ford (F), Toyota (TM) and Tata Motors (TTM) on my radar. As far as I’m concerned they’re all buys on a pullback.
-
TTM
Tata Motors Inc - $13.77
- -0.07%
- $13.99
I think the bankruptcy is fully priced into the space, speculates Joe Terranova. I have rivals Ford (F), Toyota (TM) and Tata Motors (TTM) on my radar. As far as I’m concerned they’re all buys on a pullback.
-
BWA
Borg Warner Inc - $30.74
- 0.00%
- $N/A
Another possible beneficiary of the GM bankruptcy is BorgWarner (BWA), along with O’Reilly (ORLY, says Guy Adami.
-
ORLY
O'reilly Automoti - $39.24
- +0.87%
- $39.40
Another possible beneficiary of the GM bankruptcy is BorgWarner (BWA), along with O’Reilly (ORLY), says Guy Adami.
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