Here's My Top Value Stock to Buy Right Now
With an average price-to-earnings (P/E) multiple of 39.7, the stock market is pretty pricey at the moment. Nowhere is this more evident than the electric vehicle (EV) industry, where companies like Tesla and NIO boast multi-billion-dollar valuations despite relatively low sales and profits.
General Motors (NYSE: GM) bucks that EV trend. This iconic American automaker is committed to an all-electric future, but its shares trade at a dirt-cheap valuation compared to its high-flying EV-only rivals. Let's dig deeper to see why GM is one of the top value stocks to buy right now.
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Source Fool.com