Ford and GM are Down on Earnings. Is Either Stock a Buy?
The electric car industry -- and automakers in general -- have been affected by the broader market volatility, which has been leading to swift and brutal sell-offs in small companies and industry leaders alike.
Ford (NYSE: F) and General Motors (NYSE: GM) are no exceptions. Both companies reported earnings last week, and both stocks sold off. Let's determine if either U.S. legacy automaker is a buy now given what we've learned.
GM's Factory Zero plant will build the 2024 GMC Hummer EV starting in 2023, and plans to build the electric Silverado pickup. Image source: General Motors.
Source Fool.com
