Ford and GM Stock Are ‘Exceptionally Undervalued,’ Says Value-Investing Star
- Order Reprints
- Print Article
Value investor Ed Wachenheim III is seeing bargains in auto stocks.
Wachenheim’s Greenhaven Associates bought millions of additional General Motors shares (ticker: GM) and initiated a large position in Ford Motor (F) in the first quarter. Greenhaven also significantly increased its investment in the vehicle-seat maker Lear (LEA) in the period. Greenhaven disclosed the trades in a form it filed with the Securities and Exchange Commission.
Already a subscriber? Sign In