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Why This Money Manager Is Bullish GM, Bearish Tesla And Still Waiting On Ford
Sunday, October 29, 2017 - 7:23pm | 858Internal and external pressures are molding a new U.S. auto industry. A sharp and structural shift from personal vehicle ownership to ridesharing drives an enduring downturn in auto sales, while trends toward electric vehicles upend legacy businesses. “We know what the future is, we know...
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David Kudla: GM Earnings Will Impress, Despite China Weakness
Wednesday, July 22, 2015 - 3:38pm | 437In a recent research note, David Kudla, CEO and chief investment strategist of Mainstay Capital Management, looked into General Motors Company (NYSE: GM) ahead of the announcement of the company’s second-quarter financial results scheduled for Wednesday morning. The firm expects to see...
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Why Mainstay Says Apple Won't Go As High As Carl Icahn Wants
Tuesday, March 24, 2015 - 2:08pm | 421Cantor Fitzgerald analyst Brian White recently raised his price target on Apple Inc. (NASDAQ: AAPL) to $180, while activist investor and chairman of Icahn Enterprises LP (NASDAQ: IEP), Carl Icahn, famously has $203 as his price target. However, not everyone is as bullish on the company. David...