How Sustainable is the Surge of General Motors?
GM is the market leader in the high-margin full-size segment and continues to gain market share in the U.S. EV market.
Software revenues like OnStar are increasingly contributing to growth.
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General Motors' (NYSE: GM) stock has had an impressive year. With a price increase of 42.6% since the beginning of the year, a fresh all-time high of $77, and moderate valuation metrics, the Detroit automaker appears to be one of the most attractive value stocks in the automotive sector at first glance. In fact, the company combines its traditionally strong internal combustion engine business with a growing presence in the e-mobility and software sectors. This blend offers investors both stability and future potential. The GM stock is attractively...
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