Is GM Stock a Buy?
Despite macro headwinds plaguing many businesses right now, General Motors (NYSE: GM) appears to be on solid footing. The massive car manufacturer, which houses some well-known brands like Chevy, Cadillac, and its namesake GM, is seeing healthy growth. And management is not only making solid progress on its plans for electrification, they are focused on reducing expenses.
Considering what appears to be solid momentum from the business, should investors buy GM stock, which is up just 15% in 2023? Let's take a closer look at this leading automotive company.
Source Fool.com
General Motors Corp Stock
€40.91
0.560%
Currently there is a rather positive sentiment for General Motors Corp with 37 Buy predictions and 7 Sell predictions.
With a target price of 49 € there is a slightly positive potential of 19.78% for General Motors Corp compared to the current price of 40.91 €.
