Investing in their business in order to put in place an infrastructure of the Amazon of tomorrow is becoming, increasingly, an expensive proposition. And it becomes painful, if you will, for investors to wait for that to happen.
More Quotes from David Garrity:
The thing to look at here in terms of GM, given the magnitude of this product changeover, is to see how well the new company, in terms of those products, is doing. And there, we've seen a very strong surprise.David Garrity
In my view, shares of Ford would probably become more attractive if it got down to say 22, 23 a share. Although, I would argue that as long as these investigations are continuing, they'll probably serve to put a lid on the stock price performance. Other stocks in the auto sector we are more positive on include General Motors ( GM Research , Estimates ). Also at GM, you've got a change in management -- you've got a significant outside shareholder developing in Carl Icahn, owning 30 percent in GM. There's just a lot of value to be realized in the group.
David Garrity
In an environment where operating volumes are down and regulatory compliance is becoming more strict, it doesn't make sense for two companies to pool resources.
David Garrity
Certainly you can argue they have been successful on both fronts. And the demand for luxury sport utility vehicles is increasing.
David Garrity
Financially, their product line is reasonably successful. There would be no kind of distress sale as there was with Nissan and Renault. Honda can pick something in their own time and place.
David Garrity
To the extent the UAW wants to negotiate a contract that all manufacturers can live with, there is an outside chance for some accommodation to be reached.
David Garrity
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Based on Topics: Investment Quotes, Place QuotesWhen I need the idea, I can find it immediately. I have a horror of rewriting or deleting; the parts of my composition are carried in my head 'till I can write them down, even to the last note. Then I do not alter a jot.
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