What General Motors Wants Investors to Know About Profit Growth
With the U.S. new-car market stalled and possibly heading for a cyclical decline, the idea that General Motors (NYSE: GM) (or any automaker heavily dependent on the U.S. market) is headed for earnings growth seems like a hard sell.
But GM is trying to make the sale anyway. In a recent presentation to analysts, Chief Financial Officer Chuck Stevens argued that the potential for bottom-line growth is a key reason for investors to consider buying GM's stock.
Did he make the case? Let's take a look.
Source: Fool.com
General Motors Corp Stock
€41.78
0.460%
Currently there is a rather positive sentiment for General Motors Corp with 33 Buy predictions and 5 Sell predictions.
With a target price of 46 € there is a slightly positive potential of 10.1% for General Motors Corp compared to the current price of 41.78 €.
