General Motors Co. (GM)

35.60
NYSE : Consumer Durables
Prev Close 35.60
Day Low/High 0.00 / 0.00
52 Wk Low/High 33.08 / 41.90
Avg Volume 8.82M
Exchange NYSE
Shares Outstanding 1.43B
Market Cap 50.86B
EPS 5.70
P/E Ratio 5.80
Div & Yield 1.52 (4.28%)
Why General Motors' Disastrous Unit Sales Didn't Matter -- For Now

Why General Motors' Disastrous Unit Sales Didn't Matter -- For Now

GM had better pray governments don't steer the auto market to electric cars.

Booyah, GM!

Our Trade of the Week (on Monday) was buying at $32.65.  The company just announced a large beat and the shares are trading at $36.90 (for a premarket gain of +$3.47)!  I have just sold my long rental for a large gain.  Here is how I introduced the ...

Stay Disciplined When Trading Nvidia: Market Recon

Stay Disciplined When Trading Nvidia: Market Recon

This stock moves fast, so acting on target prices and panic points is essential.

More Housekeeping Items

I added to General Motors (my Trade of the Week) this morning. I also re-established a small Twitter loan in early weakness (I am still of the view that Alphabet/Google ultimately buys the company). But I am not chasing the strength.

Adding to GM

I added to , my Trade of the Week, at $33.76 just now.

Trade of the Week - Buy General Motors

* Staying flexible in view on autos * Car manufacturers may have finally discounted my numerous concerns  Despite several high profile hedge fund industry long purchases of General Motors, I have been an advocate of "Peak Autos" for two years. At th...

Don't Wait for an IPO to Invest in a Startup

Don't Wait for an IPO to Invest in a Startup

Here is how, and when, to get into a micro-cap -- and why you should consider it now.

Here Are 9 Takeaways From Last Night's Meltdown: Market Recon

Here Are 9 Takeaways From Last Night's Meltdown: Market Recon

It becomes difficult for me to tell you where to run in these markets...

Why Citron Is Wrong on Tesla

Why Citron Is Wrong on Tesla

Andrew Left's 'fundamental' reasoning behind suddenly going from hating TSLA to liking the stock is simply uninformed.

Chart of the Day: Google's Waymo Offers Way More Opportunity for Fiat Investors

Chart of the Day: Google's Waymo Offers Way More Opportunity for Fiat Investors

Waymo is the key to unlocking long-term shareholder value at Fiat Chrysler.

Fiat Chrysler Cashes In on $7 Billion Auto Parts Sale on Monday

Fiat Chrysler Cashes In on $7 Billion Auto Parts Sale on Monday

Fiat Chysler cruises to gain on Monday after auto-parts auction.

Fiat Chrysler Leans on Waymo as It Focuses on Debt

Fiat Chrysler Leans on Waymo as It Focuses on Debt

Fiat's focus is on its balance sheet while its Alphabet partner pushes the self-driving envelope.

Fiat Chrysler Shares Accelerate on $7 Billion Deal to Sell Parts Maker

Fiat Chrysler Shares Accelerate on $7 Billion Deal to Sell Parts Maker

The carmaker will receive a cash infusion as its focuses on value creation and self-driving vehicles.

An Open Letter to Larry Kudlow

"We believe that free market capitalism is the best path to prosperity!" - The Kudlow Creed Dear Larry, You and I go way back - we have been friends for many years. I deliver this letter to you out of respect and in recognition of that friendship. I...

Chart of the Day

Auto stocks have underperformed the S&P by 32% this year and stands at its lowest relative strength since March, 2009. I recently covered my General Motors short but I am of the strong belief in the "Peak Autos" theme.

'Well, It Is October...'

'Well, It Is October...'

I believe this correction is real and will last at least through year-end.

Jim Cramer: Is the Fed Right With Its Current Course of Raising Rates?

Jim Cramer: Is the Fed Right With Its Current Course of Raising Rates?

We are in the midst of earnings season where we can piece together a mosaic of what's really going on in the economy.

2 Dip-Buying Tips (Psst…One Involves Ford)

2 Dip-Buying Tips (Psst…One Involves Ford)

The other involves taking advantage of late-day rebalancing by ETFs.

Some Overnight Homework

* What was up in a down market today? * Searching for trading rental ideas In looking for short-term trading ideas I often comb my screen for stocks that were green in a sea of red (long candidates) or red in a sea of green (short candidates). Here ...

Tweet of the Day

Yesterday, I finally covered my General Motors short at under $32.85 (I had placed GM on my Best Ideas List at over $43 last year). More on "Peak Autos": Auto stocks in 2018... Fiat: -5% Toyota: -6% Nissan: -9% Tesla: -16% Volkswagen: -16% Honda: -1...

Jim Cramer: What the Heck Is the Fed Doing With This Autopilot Nonsense?

Jim Cramer: What the Heck Is the Fed Doing With This Autopilot Nonsense?

What are people doing talking about how strong the economy is without getting their hands dirty and speaking to CEOs?

Housekeeping Item

I have covered my longstanding short at $32.86. GM was placed on my Best Ideas List exactly one year ago at $43.43. At the time, GM was loved (by a number of high profile hedge funds) and certainly was not seen as a "Value Trap." Peak Auto seemed li...

Ford Navigates to Modest Gain on Columbus Day

Ford Navigates to Modest Gain on Columbus Day

Ford cruises to modest gain as it sets sights on a streamlined business plan.

Ford's Self-Driving Car Push Offers Promise of Future Growth

Ford's Self-Driving Car Push Offers Promise of Future Growth

Ford's push into self-driving offers hope for investors in the laggard automaker.

Jim Cramer: Rates Are Not Done Going Up Yet

Jim Cramer: Rates Are Not Done Going Up Yet

When rates get to where they have to go we are going to have a slowdown that will be regarded as stagflationary.

Tariffs Cast A Shadow On Ford's Turnaround

Tariffs Cast A Shadow On Ford's Turnaround

Tariffs could curtail a turnaround at the United States' largest auto-employer.

Days Like Today Remind Me of Why I Avoid Auto Stocks

Days Like Today Remind Me of Why I Avoid Auto Stocks

The best trades are the ones you don't make.

GM Seems to Be the Play

Autos and Semiconductors Autonomous driving. This is becoming a really big deal. By now, I am sure that most of you saw this morning's interesting news. Honda Motor would immediately invest $750 million in the Cruise autonomous vehicle unit of Gener...

Now at the Plate, Your Pinch Hitter, Bret Jensen!

It is good to be back standing in for Doug Kass this Friday with the Daily Diary. Hopefully we see the market follow up on Thursday's rally and end the trading week on a high note. It looks like overseas markets are mixed, with Asia closing largely ...