1 Incredible Stock You Can Buy for a Ridiculously Cheap Valuation Right Now
General Motors (NYSE: GM) reported first-quarter results that were significantly better than experts had expected. Plus, the company raised its full-year guidance and gave encouraging updates on its electric vehicle progress and the Cruise automation platform. Despite the excellent results, GM still trades for a single-digit multiple of earnings. Could this be an incredible opportunity hiding in plain sight?
*Stock prices used were the afternoon prices of April 23, 2024. The video was published on April 23, 2024.
Source Fool.com
General Motors Corp Stock
Currently there is a rather positive sentiment for General Motors Corp with 37 Buy predictions and 7 Sell predictions.
With a target price of 48 € there is a slightly positive potential of 18.14% for General Motors Corp compared to the current price of 40.63 €.