Despite Everything, Buy Ford and GM: Citigroup

Citigroup analyst Itay Michaeli recently took a “field trip” to Detroit to meet with executives and check out new models. Michaeli was impressed with General Motors’ (GM) next-generation full-size trucks and said “FordÂ’s (F) core product strategy remains intact.” The bull case for automakers has been complicated by weakness in South America, a recession in [...]