UPDATE 1-Greenlight's Einhorn sticks with what he likes, raises stake in GM
January 17, 2017 at 13:38 PM EST
BOSTON, Jan 17 (Reuters) - David Einhorn's hedge fund Greenlight Capital, which gained 8.4 percent in 2016, said on Tuesday it raised its stake in General Motors, already the firm's biggest position, and still likes Apple Inc but is betting that companies like Caterpillar Inc. and other industrial cyclicals will fall.