Rick Bensignor thinks auto stocks and firms that make automotive components are nearing a...

|By:, SA News Editor

Rick Bensignor thinks auto stocks and firms that make automotive components are nearing a long-term secular bottom, and he advocates rotating out of consumer services stocks and into the "beaten down" sector. But the words of support and reports that GM may soon begin selling full-sized pickups that can switch between natural gas and gasoline aren't helping today: GM -1.7%, F -2%.