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Stock Talk: Buy Caterpillar and Apple, Avoid GM

InvestorPlace editor joins WRKO Boston


Jeff Reeves, editor of, 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,

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