This EV Stock Looks Like a Massive Bargain After Earnings
The market doesn't seem too convinced about General Motors' (NYSE: GM) ambitious plans for its electric vehicle rollouts, as evidenced by its single-digit price-to-earnings (P/E) multiple. However, recent results tell a different story. In this video, I break down the latest numbers and explain why I've made GM one of the largest holdings in my own portfolio.
*Stock prices used were the afternoon prices of July 28, 2023. The video was published on July 29, 2023.
Source Fool.com
General Motors Corp Stock
€45.01
-0.340%
Currently there is a rather positive sentiment for General Motors Corp with 37 Buy predictions and 8 Sell predictions.
With a target price of 50 € there is a slightly positive potential of 11.1% for General Motors Corp compared to the current price of 45.01 €.