Thread regarding General Motors (GM) stock

I don’t get the analyst love

$98 targets? $100? Meanwhile stock is sitting at $73 and dropping. China sales are down 75% and they just took a $7.6 billion writedown. That’s not “outperform” money. Mexico union wants 10% wage hike. Tariffs still looming. But hey, they raised the dividend a nickel and bought back shares. Cool, but when does the actual business turn around? I bought this thinking it was cheap. Now I’m wondering if cheap gets cheaper.

by
| 4 views | | no replies yet | Reply
Post ID: @OP+1kmvqvrt8

There are no replies in this thread yet. Be the first to post a reply below:

Post a reply

: