General Motors Stock Hits a New Multiyear High: Buy, Sell, or Hold?
From a financial perspective, the new post-bailout General Motors (NYSE: GM) has been a resounding success. The company is on pace to produce an operating profit of more than $10 billion for a third consecutive year, something that would have been unthinkable a decade ago.
Nevertheless, General Motors stock has spent much of the past six years trading below its IPO price of $33.
Source: Fool.com