The Surprising New Way EV Stocks Are Bringing in Revenue: Could This Be a Game-Changer?
There's a lot of change happening across the automotive industry. Companies such as General Motors (NYSE: GM) are racing toward driverless vehicles, Tesla (NASDAQ: TSLA) is producing fleets of profitable electric vehicles (EVs), and automakers like Ford Motor (NYSE: F) are trying to prove to investors that there's growth to be had from new avenues.
One of those avenues is generating billions in revenue from software. But which companies are best positioned to do so? A recently created ranking gives investors a clearer picture.
Yes, really. While most investors don't think of traditional automakers as growth stocks, technology packed inside vehicles is opening up opportunities for additional revenue.
Source Fool.com
General Motors Corp Stock
Currently there is a rather positive sentiment for General Motors Corp with 37 Buy predictions and 7 Sell predictions.
With a target price of 48 € there is a slightly positive potential of 18.14% for General Motors Corp compared to the current price of 40.63 €.