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The Best Way to Short the Auto Industry
The automotive industry is in shambles. I’d love to short GM and Chrysler—but that’s not possible. I’d even consider shorting some of the
foreign automakers. But there’s an even better way to go short the auto industry …Go long Ford (F)! Ford is gaining market share from American and even some foreign competitors.
The stock is on a tear—up more than 40% recently, outperforming the general market. I think F will go to $8—or near it—before stalling.
Call options are very liquid and priced by the penny. (For more on why I like Ford here, watch
my Short of the Week video on OptionsZone TV.)
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The Best Way to Short the Auto Industry
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Article printed from InvestorPlace Media, https://investorplace.com/2009/07/best-way-to-short-auto-industry/.
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