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General Motors continues to prove it's one of the best investments in the auto industry.
General Motors also posted a 4% sales gain in the U.S. for 2.7 million vehicles -- both posting their highest total since 2019. ... 1 Reason Why GM Stock Is Soaring Above Rival Ford.
The 800+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the fourth quarter, which unveil their equity positions as of ...
GM stock hit a 52-week high of $61.24 in December and is up 47% year to date — far ahead of its Big Three peers. Ford's stock is down 15% in 2024, while Stellantis shares have dropped nearly 40%.
The auto industry has generally not been a lucrative investment opportunity.
Bernstein downgraded GM stock to Market Perform from Outperform and cut its price target slightly to $53 from $54.50. GM shares were down over 2% in early trading on Monday.
Prior to today's announcement, GM shares had been down about 20% in the past year, compared to a 15% gain for the S&P 500 . Investors have fretted on several aspects of the GM investment thesis ...
U.S. stock markets saw minimal changes on Tuesday as General Motors surged 10.4% on strong earnings offset a steep drop in GE Aerospace shares.. S&P 500: 5,851.20 ⬇️ down 0.0047%. Nasdaq ...