General Motors will recall 18,235 commercial vehicles in the United States over an issue with brake lines, the National Highway Traffic Safety Administration said on Thursday.
General Motors is a strong buy with a target price of $89, driven by its EV expansion and cost control. Interest rate cuts should boost demand as financing becomes cheaper and consumer confidence increases. GM's dominance in the US market, bolstered by strong sales in trucks, SUVs, and fleet vehicles, positions it well for future growth.
Here is how General Motors (GM) and Ferrari (RACE) have performed compared to their sector so far this year.
General Motors (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
CHEYENNE, WY / ACCESSWIRE / September 25, 2024 / General Enterprise Ventures, Inc. proudly announces that its subsidiary, Mighty Fire Breaker LLC (MFB), has been recognized as the EPA Safer Choice Product Partner of the Year for the second consecutive year, thanks to its innovative clean and safe fire chemistry. MFB-31-CitroTech is the first and only long-term fire retardant to receive EPA Safer Choice approval, disrupting an industry often viewed as toxic and environmentally hazardous.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
The auto industry has generally not been a lucrative investment opportunity.
General Motors (GM) is well positioned to outperform the market, as it exhibits above-average growth in financials.
General Motors (GM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
GM has boosted cash flow estimates for 2024. The company is returning some of that excess cash to shareholders.
In the most recent trading session, General Motors (GM) closed at $48.04, indicating a -1.72% shift from the previous trading day.
Will McGough, Prime Capital Investment Advisors director of investments, joins CNBC's 'Power Lunch' to discuss three stocks: Meta, General Motors, and Keurig Dr Pepper.