David Garrity Hares Quotations

In my view, shares of Ford would probably become more attractive if it got down to say $22, $23 a share. Although, I would argue that as long as these investigations are continuing, they'll probably serve to put a lid on the stock price performance. Other stocks in the auto sector we are more positive on include General Motors ( GM : Research , Estimates ). Also at GM, you've got a change in management -- you've got a significant outside shareholder developing in Carl Icahn, owning 30 percent in GM. There's just a lot of value to be realized in the group.

There is no compelling reason for a split since large institutional investors have the capital to buy shares regardless of the price.

Shares of companies like Apple and Motorola may have gotten ahead of themselves. But companies further down the supply chain are reasonably priced.