Now that GM and Chrysler are mired in turnarounds and still hemorrhaging sales, a select group of auto stocks will step into the void to gain market share and see huge growth in 2010.
December sales figures show the best month for automakers since the August boom caused by "Cash for Clunkers." This is extremely significant since it shows that pent-up demand is catching up with consumers and that the worst may be over for auto stocks that weathered the downturn successfully.
Here are my three top auto stocks to buy now.
Click on each stock to learn more.
Stock #1: Ford Motor Co. (F)
Stock #2: Kandi Technologies (KNDI)
Stock #3: Thor Industries (THO)
Editor's Note: An earlier version of this post incorrectly said GM and Chrysler were still in bankruptcy.
At the time of this writing, Louis Navellier owned shares of Ford in personal or client portfolios.
What Happened When Alex Kenjeev Paid His Student Loan in Cash
Facebook's IPO Debacle, Day 3: Un-Friended and Dis-Liked on Wall…


Reader Comments (Page 2 of 2)
1-18-2010 @ 5:36PM
John said...
If made in America $.80 on every dollar goes back to country of automobiles origin. U.S. wealth has shrunk from $65 trillion to $50 trillion in this decade. The American consumer is responsible for 67% of U.S. G.N.P 22% of world G.N.P. Other countries are not producing the consumers needed to feul world G.N.P growth. With the out sourcing of our auto industry and the money it generates for our country, Our national wealth will continue this fall well our deposit continues to raise . This will compromise our security, and eventually lead to the end of the U.S.A.. We gave up the textile, Appliance and electronics industries. The consumers benefactor nations never increased the world consumer G.N.P The world wide recession is not due to lack of low price goods . Instead it is lack of consumers.
1-18-2010 @ 11:53PM
Jim said...
Brandon is making up things as he goes along. What he calls the Pelosi Energy Act of 2007 is a spending Bill "The Energy Independence and Security Act is an historic bill to make America more energy independent, respond to the global warming crisis, and grow our economy." You can read all about it on Pelosi's home page! http://www.speaker.gov/legislation?id=0131
Sorry Brandon, no loans, as reported earlier, Ford got loans the old fashioned way and they pay them back that way too! Learn to deal with facts and reality!
1-19-2010 @ 5:37AM
kent05r said...
This is the best insider tadeing info I've come accross in a long time. Know who Thor is? Mini busses and small trasport units. That not the nut here though. Follow the money and you'll find the answers. Mr Jan Suwienki is the true Meat of this article. He is the Driector amoung many other companies of Ohio Insurance, and the Ethic Commette for he whom shal not be named. My money goes here. and not for long. By the way you need not spend time wasted on the CEO of Thor. His education is not posted and he spends most of his time in the UK. So Suwienki is the meat. Eat it up.
1-19-2010 @ 5:55AM
Jm said...
Honda builds cars in Ohio, Toyota has a car manufactoring plant in Kentucky with several engine and body frame plants in Owensboro, Kentucky and a truck plant in Princeton Indiana, meanwhile my new 2010 Ford Fusion was built in Mexico, go figure. Also BMW builds cars in South Carolina and Mercedes in Alabama.
Hats off to Ford for not taking taxpayer money (bailouts), while GM and Chrysler did, Chrysler going back for more.
1-19-2010 @ 6:17AM
Tony said...
What is so wrong with buying foreign cars and goods? I thought the liberals (party of the unions) were worried that foreign countries did not like us. I want countries to like us so isn't buying their goods going to help us be liked by them? Please make up your liberal minds.
1-19-2010 @ 6:58AM
rw kent said...
kent05r said...
This is the best insider tadeing info I've come accross in a long time. Know who Thor is? Mini busses and small trasport units. That not the nut here though. Follow the money and you'll find the answers. Mr Jan Suwienki is the true Meat of this article. He is the Driector amoung many other companies of Ohio Insurance, and the Ethic Commette for he whom shal not be named. My money goes here. and not for long. By the way you need not spend time wasted on the CEO of Thor. His education is not posted and he spends most of his time in the UK. So Suwienki is the meat. Eat it up.