Shocking News for General Motors Stock
General Motors (NYSE: GM) announced this morning that it's buying back $10 billion of stock, including $6.8 billion by the end of the week. This continues the company's rapid buybacks and gives an indication of where management sees the company going in the future.
In this video, Travis Hoium covers the shocking news and covers why GM could be the best auto stock to buy today, including its high-profile EV rivals.
*Stock prices used were end-of-day prices of Nov. 29, 2023. The video was published on Nov. 29, 2023.
Source Fool.com
General Motors Corp Stock
Our community is currently high on General Motors Corp with 37 Buy predictions and 8 Sell predictions.
As a result the target price of 48 € shows a slightly positive potential of 17.36% compared to the current price of 40.9 € for General Motors Corp.