5 Popular Stocks Past Their Prime

Ignore GM; Buy Toyota

No need to trade up with respect to General Motors. The bankruptcy filing left common shareholders holding an empty bag.

At some point there
will likely be a new General Motors stock, but I wouldn’t give the company a second chance.

Toyota (TM), on the other hand, is benefiting from the demise of Detroit. The popularity of its hybrid
vehicle, the Prius, combined with an advantageous cost structure, left the Big 3 domestic automakers in the dust a long time ago.

So dump your old GM shares if you can find a buyer, and ignore any new version. Buy Toyota instead.

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