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 Aktie
41,06 €
0,37 %
Leichte Community-Bevorzugung: General Motors Corp mit mehr Buy- als Sell-Einschätzungen.
Ein positives, wenn auch bescheidenes, Potenzial für General Motors Corp mit einem Kursziel von 49 € im Vergleich zum aktuellen Kurs von 41.06 €.
