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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Chris Hill owns no shares of any of the companies mentioned. The Motley Fool owns shares of Ford. Motley Fool newsletter services have recommended buying shares of Ford and General Motors and creating a synthetic long position in Ford. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days. The Motley Fool has a disclosure policy.