Some cooling off may be around the corner, so is the opportunity: 6 auto stocks an upside potential of up to 28%

When a sector or an industry does well, stock prices also do well. But then a stage comes where while the Industry continues to do well the rate at which the stocks are rising slows. Essentially meaning that stock prices have built in a large amount of good news and they would wait for the next trigger. While there is no doubt and should not be any doubt that auto stock has done well in the last three years as the industry has been doing well. But the reaction of the street to some reports about M&M might be cutting the prices of one SUV model is probably indicating more than just meets the eye. So, should one take some money off the table or should one be slightly cautious when it comes to putting in fresh money? Is this cool down an opportunity for a long term investor ? Probably yes.