Why GM (Not Tesla) Is the Hottest Auto Stock Today
General Motors (NYSE: GM) announced earnings before the market opened on Tuesday and the results were much better than most investors expected. Not only were revenue and free cash flow strong, the company gave strong guidance for 2024, including a big increase in earnings per share after recent share buybacks.
In this video, Travis Hoium covers the results and shows why this is the hottest auto stock right now.
*Stock prices used were end-of-day prices of Jan. 30, 2024. The video was published on Jan. 30, 2024.
Source Fool.com
General Motors Corp Stock
€41.67
0.170%
Our community is currently high on General Motors Corp with 32 Buy predictions and 5 Sell predictions.
As a result the target price of 46 € shows a slightly positive potential of 10.39% compared to the current price of 41.67 € for General Motors Corp.
