This auto sector turnaround is attracting big bets from some top hedge funds.
JetBlue is downgraded to 'hold,' and Molson Coors is initiated with a 'neutral.'
Nordstrom is upgraded to 'buy' at Goldman, while AT&T and Verizon are downgraded to 'neutral' at RW Baird.
Federal Mogul's aftermarket spin-off is a green light for the sector.
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