Is General Motors Stock a Buy?
General Motors (NYSE: GM) recently reported Q4 2023 financial results that shareholders rallied around. The business raked in $43 billion of revenue during the three-month period and posted adjusted earnings per share of $1.24. Both figures crushed Wall Street estimates.
In the last three months, GM shares are up an incredible 43%. That gain beats the S 500's return by a wide margin.
Is it time to buy this top automotive stock and hold it for the long term?
Source Fool.com
General Motors Corp Stock
€70.48
-0.170%
Currently there is a rather positive sentiment for General Motors Corp with 41 Buy predictions and 9 Sell predictions.
On the other hand, the target price of 65 € is below the current price of 70.48 € for General Motors Corp, so the potential is actually -7.78%.
