Chris Lau, Kapitall: We talk about Tesla so much, sometimes the other auto stocks get a bit jealous. Let's take a look under the hood.
It can be hard for investors to stay interested in Ford ( F ) or General Motors ( GM ) when electric car companies are receiving all hype. Ford and GM are valued with a forward P/E of just 9 and 11, respectively, even though sales are rising.
[Read more from Kapitall: Car Stocks Picking Up Speed: Making Sense of the IPOs]
Should investors take some of their profits from Tesla ( TSLA ) shares and consider the traditional auto stocks instead?Tesla outperforms Tesla is up four-fold in 2013, and up more than 40% in the last 3 months. Click on the interactive charts below to see data over time. Sourced from Zacks Investment Research. Conversely, Ford shares are flat in the last quarter despite reporting higher sales for nearly all of its models. Sales rose 6% to 185,146 units in September 2013. Breaking the numbers down:
- Fusion sales rose 62%
- Fiesta sales rose 29%
- Lincoln sales declined 5.1%
- Utilities dropped 4.1%