General Motors (GM) is experiencing a tumultuous run in the automotive market. Jim Cramer warns of trouble for the industry and possibly substantial earnings cuts for GM. However, despite the shocks, GM's robust business resilience might allow it to absorb the blows. Many investors and analysts view it as one of the most promising car stocks, with some believing it's among the best EV stocks, considered undervalued and an attractive investment. Multiple establishments like Johnson Investment Counsel Inc. and Andra AP fonden amongst others boosted their GM holdings. The share surge has grabbed investor attention. GM appears to be staying relevant through clean energy technology partnerships; hiring a Chief AI Officer; partnering with Dolby to bring Atmos to Cadillac's 2026 EV lineup; and manufacturing job creation. Being dominant with institutional owners with 88% and 89% share holdings might provide stability. GM has raised dividends and outperformed the Dow. Its Chinese Q4 sales rose 41% Q/Q, but GM has issued warnings of a $5 billion hit from losses in China, indicating challenges. Despite the predicted setbacks, GM shares gained.
General Motors Company GM News Analytics from Thu, 12 Sep 2024 07:00:00 GMT to Sat, 15 Mar 2025 23:33:47 GMT -
Rating 4
- Innovation 5
- Information 8
- Rumor -3
