This Driverless Cars Stock Is Ridiculously Cheap
Typically, the cheapest stocks in the S&P 500 are cheap for a reason. Usually, they have some kind of existential issue they need to overcome in order to regain investors' faith and a more reasonable valuation from Mr. Market.
The same cannot be said for General Motors (NYSE: GM), a largely healthy company that simultaneously trades at a rock bottom discount to the market. The company's main auto business continues to chug along nicely, and GM has made meaningful progress in matching the efforts from the likes of Tesla and Alphabet to dramatically change the auto industry.
As such, let's delve deeper into what easily makes General Motors the cheapest driverless car stock on the market today.
Source: Fool.com