Here's My Top Value Stock to Buy Right Now
Everybody loves a good deal, and stock market investors are no exception. But with the S&P 500 index trading at an average of 34 times earnings and companies like Tesla boasting market caps wildly out of line with fundamentals, value can be hard to find. General Motors (NYSE: GM) bucks the trend. With its rock-bottom valuation and convincing strategy to supercharge growth, the legacy automaker looks like a screaming buy.
If you thought GM had plateaued, think again. The company plans to transform itself into a diversified technology company focusing on electric vehicles, data, and autonomous driving software. According to management, this strategy could double revenue to $280 billion by the end of the decade and boost its profit margin.
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Source Fool.com
