Forget Tesla, buy shares in bargain-priced Ford and General Motors instead
Fear of missing out makes “disruptive” growth stocks such as Amazon and Tesla hard to ignore, but investors risk overpaying for undeliverable hopes – and simultaneously missing out on overlooked bargains elsewhere. Car manufacturers are a case in point. Investors are quick to discount the established firms because of the threat of litigation over emissions, fears about an impending “death of petrol”, exposure to consumer credit risks and their perceived inability to
Read more »