Investment Advice From Morgan Stanley

Worth keeping with car companies, people will need to upgrade to cars with ipod players eventually


Morgan Stanley's Adam Jonas just made Ford his top pick in the auto sector.

"Ford is a levered play on US housing recovery and European restructuring with almost no earnings exposure to China," he wrote in a note to clients. "Underpinning it all is a radically improved product offering produced on common global architectures that hangs with the industry's very best."