Opinions The Weekly Buzzing Stocks by Billy Kawasaki
General Motors CorporationGMTOP PICKMay 30, 2024
Stock price when the opinion was issued
As of Jun 04, 2026. Market Open.
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#2 market share (at 13%) in EVs in the States behind TSLA. Throttling back EV aspirations, still mostly about internal combustion. Street's expecting compound earnings growth of 13% over coming 3 years (pretty good for a mature industry). Trades at 6x PE.
Pretty good chart. A MAGA-protected stock. Cyclical tailwinds. He's not averse to owning.
Tariff talk put it in the crosshairs. But it's executed very well. Tariffs are still a headwind. Reconstructed business plan and moved away from EVs. Maintained good cashflow, and he's expecting ~$12 EPS this year.
CEO has done a fabulous job. Very inexpensive 7x PE. Yield is 0.91%.
Gordon ReidWhen he bought it, the PE was very low. The CEO has done a great job and GM will earn around $11 EPS. It remained undervalued.
Gordon ReidWhat's interesting about some of these domestic automakers is that they handily outperformed TSLA.
Super-cyclical. Depends on the consumer, interest rates and, of course, CUSMA. That said, technicals look fine -- higher highs and higher lows. Has to continue to execute. Buying back shares, increasing dividend.
A volatile industry, but GM enjoys a stronghold in the strong US market, and auto demand is recovering.
Julien Nono-Womdim
Stock has been acting very well lately. The car stocks have been beaten down for so long, but are now breaking out. GM has risen near the top of his relative strength rankings.
(Analysts’ price target is $75.54)
Colin CieszynskiOn a pop, his firm tends not to trim (though it has happened in his career). Because the pop is on good news. Incredibly inexpensive at 6x EV to EBIT. Faced lots of negative headlines, but overcoming headwind of tariffs, and increased guidance for next year. Now the hope is that it forms a base, from which future earnings can rise.
Gordon ReidThe supply chain and consumer demand is in flux but the valuation is very cheap and doesn't reflect the current and long term fundamentals. He does acknowledge the challenges.
Julien Nono-WomdimContinues to like it, despite many headwinds, including a $5 billion charge this year from tariffs. Shares used to be incredible cheap in terms of EBITDA. They have a good model and compete well against Ford. They have an EV program. He's happy to sit tight until the wind shifts.
Gordon Reid
At general motors, we are passionate about designing, building and selling the world’s best vehicles. this vision unites us as a team each and every day and is the hallmark of our customer-driven culture. we set high standards for our company so that we can give you the best cars, trucks and suvs. it’s our commitment to deliver vehicles with compelling designs, flawless quality and reliability, and leading safety, fuel economy and infotainment features. the very things that create that special bond between driver and vehicle. whether it’s a chevrolet, buick, gmc, cadillac or holden, making the world’s best vehicles can only happen with the world’s greatest employees. we take great pride in our work, and take great care to deliver exceptional cars and a positive ownership experience to our customers in 140 countries around the world. Social media mentions are up 34% in the past 24h.