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3 Reasons to Buy General Motors Stock Like There's No Tomorrow

The Motley Fool
Summary
Nutrition label

73% Informative

General Motors trades for a remarkably cheap valuation of 5.5 times trailing-12-month earnings.

The company has one of the most aggressive stock buyback programs I've ever seen.

General Motors is simply too well-run and has too much potential to trade at such a cheap valuation.

If the company can execute on its electric vehicle strategy and keep its profitable ICE business going strong, there could be tons of upside.

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English

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48

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https://www.fool.com/investing/stock-market/market-sectors/consumer-discretionary/automotive-stocks/electric-car-stocks/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=0cc81feb-16ab-4532-8f97-9e344340e159https://www.fool.com/investing/2024/08/31/3-reasons-to-buy-general-motors-stock-like-theres/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=0cc81feb-16ab-4532-8f97-9e344340e159https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=5d558954-b863-495d-b56b-bb54cfd5fd11&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26amp%253Bsource%3Disaeditxt0010895%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D13885&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=0cc81feb-16ab-4532-8f97-9e344340e159https://www.fool.com/author/2280/https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=5d558954-b863-495d-b56b-bb54cfd5fd11&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-foolcom-sa-bbn-dyn%3Faid%3D8867%26source%3Disaeditxt0010895%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D13885%26ftm_veh%3Darticle_pitch_feed_yahoo%26company%3DGeneral%2520Motors&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=0cc81feb-16ab-4532-8f97-9e344340e159https://www.fool.com/legal/fool-disclosure-policy/https://www.fool.com/investing/stock-market/market-sectors/consumer-discretionary/automotive-stocks/self-driving-car-stocks/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=0cc81feb-16ab-4532-8f97-9e344340e159

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