NYSE:GM

General Motors Corporation (GM)

75.92
-1.29 (1.67%)
as of Oct 23, 2026, 8:00:00 pm Market Closed.
329 watching
0
PAST TOP PICK
(Top Pick Mar 29/11, Down 22.18%) The investment thesis didn’t work out. No yield support – no dividend. Japan should want to get some market share back now that they have recovered from last year.
BUY
People stopped buying cars and the fleet in North America got 11 years old. The oldest age of cars in history. People are going to replace them with the cheap money the banks can lend them. GM is positioned to take advantage of this. Ford and GM are the way to go. Some thought that Toyota will regain market share they lost in the last couple of years, but North Americans have a lot of room to run.
PAST TOP PICK
(Top Pick Mar 28, 2011, Down 18.77) Likes joint venture in China. There is pent up demand in US but then scare of recession.
PAST TOP PICK
(A Top Pick Feb 14/11. Down 27.24%.) Sold this in December for tax loss.
WAIT
An interesting one because longer-term picture is mostly down, but there is something interesting going on. You are getting some consolidation. If it breaks the trend line, it could turn out to be a bottom head and shoulders pattern. Would not buy right now but would watch.
COMMENT
Sales in China have been unbelievable in the last couple of years. If you like the Asian recovery theme, this stock looks like it is trying to put a bottom in and has good growth prospects in Asia. Still have pension liability problems. There is still a trade in the stock from here. (See Top Picks.)
DON'T BUY
Cars are very economically sensitive and economies are slowing down or being slowed. Probably not where you want to be. You want to be here when economic times are getting better
TOP PICK
Thinks the entire auto industry is quite interesting. They are having a real resurgence in North America. The average age of the vehicle fleet on the road in North America is at near record levels. Clean up their balance sheet and are in a very healthy financial position today but still trades at about 1.5X enterprise value to EBITDA.
BUY
Very attractive here. If you deduct all the preferreds and cash and pension obligations it is at 4x free cash flow. Balance sheet is impeccable. Ford is interesting but not as cheap as GE and will not do that much better over time.
HOLD
Good long-term hold. Macro economic issues are impacting the whole auto sector, including this one. Have benefited from consumers moving away from heavy trucks and SUVs to smaller vehicles. Have the #1 share in China. Slowly regaining their US share.
DON'T BUY
Very positive on the automotive sector in general. Doesn’t like these equities and would prefer to play it with their convertible preferreds, which pay 4.75%. Expecting volatility in the auto industry in the next little while.
PAST TOP PICK
(A Top Pick Dec 2/10. Down 11.79%.) Loves the story. Sells more vehicles in China than in the US and this is not going to stop. Really cheap.
TOP PICK
Slowly getting their market share back. US gov’t and Canadian gov’t still own a part of it. Bankruptcy gave them a chance to restructure operations, lower cost base and focus on the models they want to sell. Attractively priced here. CFO change in past month that put some pressure on the stock. If crude spikes up there could be pressure on the larger vehicles they sell. Likes the cyclical recovery she sees in the US. Number 1 position in China and she likes the emerging market story there.
WAIT
Below IPO price. Gov’t and Union are waiting for stock to go higher to sell more shares. Lots of pent up demand in US and China bought 2 million cars – GM is number one auto seller in China. Doesn’t know if they will be under cut by Chinese automakers. Would come in at 10-15% dip in stock price.
TOP PICK
US Treasury still owns about 27% and Cdn government has about 7%-8%. Spun out an IPO at about $35. #1 position in N.A. (about 19% share). This has slowly gone down but thinks they can turn this around with new product lines. #1 position in China (13% share), which she really likes. Very strong joint partner.
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