August 2, 2012
The following video is from today's MarketFoolery podcast, in which host Chris Hill, along with Bryan Hinmon, Jason Moser, and Joe Magyer, discuss the latest business news. General Motors reported a 41% drop in second-quarter profits, and shares were down more than 2% as a result. Not surprisingly, GM did well in North America and Asia but posted a big loss in Europe. In this segment, the guys analyze the challenge Europe poses for GM and Ford and why, despite that challenge, GM is a stock that still has room to run. Bryan also analyzes why AutoZone may be a stock for investors interested in the automotive industry but not the automakers themselves.
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