Sell GM
Jim, on his radio program last Friday, basically said he’s done with GM. So as of Monday morning at 10:30 we will put in our market order to sell our shares from the portfolio smackdown.
What Blue Chip company would YOU recommend we buy to replace it?
My suggestion for a Blue Chip stock to replace GM is Caterpillar (CAT).
In one of his PodCasts this past week, Cramer encouraged buying Ingersoll Rand as well as CAT.
Marie from OZ