The stocks of the car companies seem to be hated by investors all. The question we have is, “Is this negativity warranted, or do we have in front of us an opportunity to buy the stocks of great brands that manufacture great products, at significant discounts to their intrinsic value?” In a world where the median stock in the S&P 500 trades at 21 times earnings and 2.4 times sales, the valuation multiples shown in the following table suggest the stocks of the old line automakers are incredible bargains.
