General Motors Company (GM)
How General Motors CEO Mary Barra is shaping GM's tech future
Over her decade-long tenure, Chairman and CEO Mary Barra has pushed to transform General Motors into a technological powerhouse — and one that will lead in electrification, software and autonomous driving though their self-driving subsidiary Cruise.
Mary Barra still thinks GM will make an AV with no steering wheel
General Motors CEO Mary Barra still believes an autonomous vehicle with no steering wheel and pedals is “definitely” in her company's future, despite recently cancelling the purpose-built Origin.
Here is What to Know Beyond Why General Motors Company (GM) is a Trending Stock
General Motors (GM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
This Is the Only Detroit Auto Stock Worth Owning Now
If value investors take a close look at the Detroit automotive industry, one company seems to stand out among the competition.
Looking for a Growth Stock? 3 Reasons Why General Motors (GM) is a Solid Choice
General Motors (GM) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Why Fast-paced Mover General Motors (GM) Is a Great Choice for Value Investors
General Motors (GM) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
GM's Recent Rally Belies Challenges Ahead
General Motors posted a better-than-expected set of Q3 2024 results, sending the stock up by close to 10% on Tuesday, taking its total gains for the year to about 50%. Revenue rose 10.5% year-over-year to $48.8 billion, while net income attributable to stockholders stood at $3.1 billion, led by strong performance in North America.
Could These Stocks Be in Trouble If Trump Wins in November?
Trump's proposed tariffs could have far-reaching effects.
Navigating Earnings Season: A Tale Of Three Companies
GM defied expectations this earnings season by offsetting EV headwinds and labor costs with higher vehicle pricing, signaling strong profit potential despite broader industry challenges. Homebuilders like Pulte have thrived post-COVID by leveraging mortgage incentives and steady pricing, maintaining growth even as higher interest rates strain the housing market. Polaris, once buoyed by pandemic-driven demand for recreational vehicles, now faces a sharp reversal in fortunes with declining volumes, pricing pressure and rising promotions, dimming its near-term outlook.
General Motors: Surging Higher
General Motors has seen a 49% YTD gain, outperforming the S&P 500, driven by strong earnings and revenue growth, and raised 2024 guidance. GM's adjusted EPS of $2.96 beat estimates by 21.81%, and revenue of $48.8 billion surpassed expectations by 9.35%, prompting upward revisions in EBIT and cash flow guidance. Despite challenges in China, GM's North American segment showed robust EBIT growth and profit margins, supporting the bullish outlook.
GM Stock Is Crushing the Competition in 2024 – Is It Time to Buy?
In a year of disappointing returns for auto companies, General Motors NYSE: GM has excelled among them. The stock has provided investors with a total return of just around 51% this year, the highest mark among automakers traded on U.S. exchanges.
Impressive Results From GM Are A Boost Of Confidence
GM's Q3 results exceeded expectations, driving an 80% share price increase over 12 months, outperforming the S&P 500 and competitors like Tesla and Ford. Despite lagging in the electric vehicle market, GM's overall sales and profitability have surged, with expected revenues close to $200 billion this year. High leverage and capital expenditures constrain GM's free cash flow, limiting shareholder returns through dividends and buybacks in the near future.
