DETROIT ( TheStreet) -- General Motors' IPO could lead some large investors to diversify some auto sector holdings away from Ford (F - Get Report), but Ford Executive Chairman Bill Ford said he's not worried."To the extent that we have been the only automaker available in the sector, I am sure that some money will be rebalanced into GM," Ford told reporters Friday, according to The Detroit News.
Ford: Some Investors May Switch to GM
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.