Opinions The Weekly Buzzing Stocks by Billy Kawasaki
General Motors CorporationGMTOP PICKOct 03, 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
General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts and accessories in North America, the Asia Pacific, the Middle East, Africa, South America, the United States, and China. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Baojun, and Wuling brand names. The company also sells trucks, crossovers, cars, and purpose-built vehicles to dealers for consumer retail sales, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers safety and security services for retail and fleet customers, including automatic crash response, emergency services, roadside assistance, crisis assist, stolen vehicle assistance, and turn-by-turn navigation; and connected services comprising mobile applications for owners to remotely control their vehicles and electric vehicle owners to locate charging stations, on-demand vehicle diagnostics, smart driver, marketplace in-vehicle commerce, in-vehicle voice, voice assistant, navigation and app ecosystem, connected navigation, SiriusXM with 360L, and 4G LTE wireless connectivity, as well as develops and commercializes autonomous vehicle technology. Further, the company provides automotive financing and insurance services; and software-enabled services and subscriptions. General Motors Company was founded in 1908 and is headquartered in Detroit, Michigan. Social media mentions are up 650% in the past 24h.