General Motors
(GE) - Get Report
has been a difficult stock to own the last couple of years, Aaron Task told a caller to Jim Cramer's
"RealMoney" radio show Tuesday. Task, co-executive editor of
TheStreet.com
, is filling in for Cramer this week.
Task spoke to a caller who suffered a 40% decline in General Motors stock.
General Motors falls into the category of mega-cap stocks, Task said, adding that there is a school of thought out there that they represent a better value on a P/E basis than do small-cap or mid-cap stocks.
"I would be wary of holding down a 40% decline," he said. "But if you haven't owned it yet, it might be a good place to take a nibble at it."
Hewlett-Packard
(HPQ) - Get Report
has been a great performer in the last year, Task told another caller. But now it's become more of a show-me stock.
Task believes that the road ahead looks tougher for this stock, and he said he would stop buying it for now.
Guest Will Gabrielski, research analyst at
TheStreet.com
and co-author of the
Breakout Stocks
and
Stocks Under Ten
newsletters, added that although H-P has had a good run, he likes
Apple
(AAPL) - Get Report
more.
Gabrielski also told a caller that people are fleeing
Marvell Technology
(MRVL) - Get Report
and that he prefers
Broadcom
(BRCM)
.
Task recommended caution on Marvell.
When a caller asked about
Target
(TGT) - Get Report
, Task said it has been difficult lately, and although the company's products look great in the store, they fall apart at home.
He said he would rather own
Wal-Mart
(WMT) - Get Report
, which he believes has found a bottom and will work its way up from here.
Task said Apple is still in its sweet spot, and Gabrielski agreed that's a go-to stock.
Although Apple might come down a little, Task said the iPod is the device people want to own. Though the company has been suffering a little bit of late, it is likely to benefit after the
Fed
meeting, he said.
Task told a caller that he does not like
Vodafone
(VOD) - Get Report
. He called it a lumbering tech giant that overpays for acquisitions, and said there are better places put to put your money.
To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.
Aaron L. Task is the co-executive editor of TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks, although he owns stock in TheStreet.com. He also doesn't invest in hedge funds or other private investment partnerships.
to send him an email.
