General Motors Company (GM)

53,00
4,90 8,40
NYSE
Prev Close 57,88
Open 55,23
Day Low/High 52,21 / 55,45
52 Wk Low/High 14,32 / 56,97
Volume 67.25M
Exchange NYSE
Shares Outstanding 1450.67B
Market Cap 82.73B
P/E Ratio 24,84
Div & Yield N.A. (N.A)

Latest News

General Motors' Drop Today Seems Excessive

This morning I sold my holdings in the premarket slightly above $56/share.  I have added back today (at much lower prices) as - though the quarter was very noisy (most notably a $1.2 billion recall charge and some additional second half downtime ref...

A Pairs Trade Idea

With Tesla having recently risen substantially in price and General Motors getting schmeissed today - this could be an ideal time to put on a Long GM/Short TSLA trade. I have put on a separate trade with this objective now.

For Those That Are Counting...

My average price on the buy is $53.27.

'Messy' Market Is Making Things Difficult for Traders

'Messy' Market Is Making Things Difficult for Traders

There is no real sustained momentum, which tends to create even more quick flipping.

Patience Required If You Want to Invest in GM Here

Patience Required If You Want to Invest in GM Here

Do I like General Motors? I do. I also like Ford. Forced to own one of the two, I still choose Ford.

Buying Back GM

I just bought back the I sold (considerably higher) in the premarket at $53.36 just now. The selloff appears overdone. I also added to  at $13.64.

Play Defensive With General Motors Post-Earnings

Play Defensive With General Motors Post-Earnings

The long side of the automaker looks vulnerable as it reports second-quarter results.

GM Long Sold

Break in!  I have sold my long in premarket trading on the disappointing guidance.  I am fearful that this is a crowded long that will have issues with the above.

My Long Book

Some of my longs that I have mentioned recently include , , , , , , (spec), (spec), , , , , and .

Markets That Run Too Hot Sow the Seeds for Slowing Growth

* The Fed fails to learn from history  As the Fed debates what to do tomorrow, they are presiding over home price inflation as of May running at a near +17% year over year run rate according to S&P CoreLogic. It is quite astonishing that after the e...

GM Recalls Chevy Bolt EVs

General Motors is issuing a new recall for nearly 69,000 Chevrolet Bolt electric vehicles (EVs) worldwide for fire risks after reports of two new fires. "Experts from GM and (battery maker) LG have identified the simultaneous presence of two rare ma...

Added to 4 Stocks

Added to , , and longs.

Trading and Investing Without Emotion

* Trading and investing can sometimes be as seen as much as art as science * To me, both trading and investing should be embarked upon dispassionately, enforced and supported by a sense of where value resides * Some technicians see the recent rollov...

This EV-Related Stock Is Ready to Rock

This EV-Related Stock Is Ready to Rock

Lithium producer Albemarle is forming a bullish pattern on its chart.

Adding to 4 Stocks

I am adding to , , and .

GM Investment

I am long GM (for an investment) at $53.79. GM is on my Best Ideas List (long).

AutoNation Accelerates Its Growth, But It's Not a Trade for Me

AutoNation Accelerates Its Growth, But It's Not a Trade for Me

Maybe I'm old fashioned, too old fashioned. But I think I would rather tackle the debt than add to it in order to reduce the float.

Jim Cramer: Don't Ignore the Impact of Irrational Behavior This Earnings Season

Jim Cramer: Don't Ignore the Impact of Irrational Behavior This Earnings Season

Human behavior regarding vaccinations is bedeviling stock-picking right now.

Genuine General Motors Gibberish

* Classic "group stink" and "late to the party" comments I placed GM on my Best Ideas List in September, 2020 at $30.85/share based importantly on the appeal of the auto manufacturer's EV line of products and its low P/E relative to other publicly t...

Beware of False Prophets

"Beware of false prophets, who come to you in sheep's clothing but inwardly are ravenous wolves." - Matthew 7:15  In a maturing bull market, contrarian views can be enlightening.  I will again note how critical one should look at "Group Stink" espec...

Oily Mess, Techs Go Wild, a Jobs Data Plea, the Power of Positive Yield

Oily Mess, Techs Go Wild, a Jobs Data Plea, the Power of Positive Yield

Plus, quick looks at Tesla's car deliveries, Amazon's CEO change and Didi Global's post-IPO downdraft.

Back to Carvana

I am reestablishing an old short, a small-sized in Carvana ($309.9).  While CVNA has been rallying, GM has been falling. I expect CVNA to "ketchup" - to the downside.

Halftime

Danielle DiMartino Booth attacks auto "Group Stink" (everyone loves , , et al): While the S&P 500 is up more than 14% thus far in 2021, automaker stocks are up roughly 4% YTD; auto and light truck assemblies have been below year-end 2020 levels ever...

We're at a Moment of Unreasonable Confidence

* Is it time to expect the unexpected? * Too much "group stink" and "first level thinking" has invaded the markets * As an example, just look at the shares of General Motors and Delta Air Lines - both have been the subject of near universal optimism...

18 Winners in the Digital Future

18 Winners in the Digital Future

These best-of-class stocks represent powerful investment trends that will be difficult to disrupt.

Minding Mr. Market

* A win for the bears, today * And continued losses for Financial TV  Though well off of the session lows there was less than meets the eye to the market today: * Breadth was consistently weak throughout the trading session (14 advancers for every 1...

Don't Downshift, General Motors Looks Ready to Resume Its Advance

Don't Downshift, General Motors Looks Ready to Resume Its Advance

We're checking out the GM charts.