Is GM Stock a Buy?
General Motors (NYSE: GM) has been a terrific business to have owned this year. Shares have climbed 30% in 2024 (as of Aug. 22), easily outpacing the 18% rise of the broader S 500 index.
The Detroit carmaker is pleasing its shareholders during a time when its crosstown rival, Ford, has dropped 10%. But is GM a smart buy right now? Let's look at both the bull and bear cases for this auto stock.
GM's business is performing well, as the company's second-quarter 2024 (ended June 30) financial results came in well ahead of Wall Street expectations. Registering impressive top-line performance, with sales totaling just under $48 billion, was a key highlight. Pricing continues to be a tailwind.
Source Fool.com
General Motors Corp Aktie
75,74 €
0,37 %
Die Community unterstützt General Motors Corp leicht, mit mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 81 € für General Motors Corp impliziert eine leichte Steigerung gegenüber dem aktuellen Kurs von 75.74 €.
