1 Green Flag for GM Stock, and 1 Obvious Red Flag
General Motors (NYSE: GM) pays a quarterly dividend of $0.09 per share, good for a yield of under 1%. That return of cash to shareholders is about the only positive thing you can say about the company from an investment perspective.
That's because over the past five years, the stock has been a dud, rising less than 2% compared to the S 500's 60% gain (as of July 26). Even in 2023, GM shares have lagged the broader index.
The business's latest financials, however, might convince you that the stock, which trades at a price-to-earnings ratio of 5.9, is a no-brainer buy right now. But there's also a notable red flag that can't be ignored.
Source Fool.com
General Motors Corp Stock
€45.01
-0.340%
Currently there is a rather positive sentiment for General Motors Corp with 37 Buy predictions and 8 Sell predictions.
With a target price of 50 € there is a slightly positive potential of 11.1% for General Motors Corp compared to the current price of 45.01 €.
