Auto Stocks to Buy Now: Here's Our Pick

The biggest automakers have come out with earnings and sales news this week, giving investors a better idea of the best auto stocks to buy now.

General Motors Co. (NYSE: GM) recently announced it will reinstate its quarterly dividend. Toyota Motor Corp. (NYSE ADR: TM) was the top retail brand in the United States in 2013. Tesla Motors Inc. (Nasdaq: TSLA) announced that it will be "upgrading" 30,000 Model S power adapters.

So should investors be buying any of these auto stocks today?

Money Morning's Event Trading Specialist Shah Gilani made an appearance on FOX Business' "Varney & Co." today (Wednesday) and shared the one he thinks is investors' best bet:


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