If I Could Buy Only 1 Auto Stock, This Would Be It
The auto industry is going through a level of disruption not seen in nearly 100 years. But that disruption is slow and will take time to fully shake out. What we know right now is that electric vehicle (EV) production and demand are growing and the market for gasoline-powered trucks and SUVs is booming.
One company that's primed to benefit from both the short-term and long-term trends is General Motors (NYSE: GM). And the company might be better positioned than you think.
Image source: GM.
Source Fool.com