Stock Talk: Buy Caterpillar and Apple, Avoid GM

InvestorPlace editor joins WRKO Boston

   
Stock Talk: Buy Caterpillar and Apple, Avoid GM

Jeff Reeves, editor of InvestorPlace.com, regularly appears on Boston’s WRKO radio (AM 680) to talk stocks with Barry Armstrong. Today, he discussed Caterpillar (NYSE:CAT), General Motors (NYSE:GM) and Apple (NASDAQ:AAPL).

Caterpillar, Jeff said, is a diversified international company with its fingers in a lot of emerging market opportunities. It is also a decent long-term play on an eventual recovery.

General Motors got a worse review. Despite strong GM earnings recently, Reeves is bearish due to troubles in Europe and South America along with the threat of a slowdown in China auto sales.

Reeves said Apple remains a top buy, despite its roaring run to $500. He just “can’t find a reason to sell Apple.”

Watch this at WRKO

Listen to the audio here.


Article printed from InvestorPlace Media, http://investorplace.com/2012/02/stock-talk-buy-caterpillar-and-apple-avoid-gm/.

©2014 InvestorPlace Media, LLC

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