Analyst Upgrades Ford and GM Stock, Says Automakers Moving Past Strike and Outlook Improving

Ford and GM shares are "historically cheap" according to analyst Dan Levy at Barclays.

Levy raised Ford and GM stock ratings to buy from hold.

Levy says estimates for both companies next year are "better than feared."

Ford and GM are moving past the United Auto Workers strike.

There are pressures on the auto industry, but the outlook is improving.