If you trust the wisdom of David Tepper, a blunt hedge-fund billionaire, it is time to buy US Auto stocks
Timothy Riegle
Sep. 30, 2006

US Auto industry is in trouble. We all know that. It is a large chunk of US economy. The key to the turn around for the auto industry in US is to bring auto-parts giant Delphi out of bankruptcy protection. Many auto executives are involved in a plan for just doing that.

David Tepper, a blunt hedge-fund billionaire is bullish on auto industry and believes it will not only turn around but also will excel. He is taking key role in trying to hammer out some agreements for bringing auto-parts giant Delphi out of bankruptcy protection. Once Delphi is out of bankruptcy protection things will turn on the better side.

As president and founder of Appaloosa Management, David Tepper has earned an international reputation for producing some of the highest returns amongst fund managers on Wall Street. One expert has referred to him as "the best trader in his space."

US Auto industry can turn bullish because most of the bad news is already out. Like David Tepper many investment super smart brains are focusing on this battered market.

If you trust the wisdom of David Tepper, a blunt hedge-fund billionaire, it is time to buy US Auto stocks
Timothy Riegle
US Auto industry can turn bullish because most of the bad news is already out. Like David Tepper many investment super smart brains are focusing on this battered market.
READ MORE>>

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