GM: Undervalued EV Stock
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electric vehicle strategyThe Motley Fool
•3 Reasons to Buy General Motors Stock Like There's No Tomorrow
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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