General Motors Company (GM)

35.40
0.72 2.00
NYSE
Prev Close 36.12
Open 37.01
Day Low/High 34.38 / 37.08
52 Wk Low/High 34.58 / 67.21
Volume 24.07M
Exchange NYSE
Shares Outstanding 1458.02B
Market Cap 52.24B
P/E Ratio 24.84
Div & Yield N.A. (N.A)

Production Issues Plague New Truck Demand

While Ford Motor and General Motors cut auto production yet again this week, data from ACT Research puts preliminary NA Class 8 net orders in August at 36,900 units, while net orders for medium duty trucks (classes 5-7) jumped to 31,900 units, both ...

A Big Phew (Part Deux)

Just awful news on General Motors after the close. Phew Squared! 

A BIG PHEW!

* Cyclical stocks always look inexpensive (with low P/Es) at the top! General Motors  and Ford  simply can't get out of their way.  I recently sold out my auto longs:  Aug 05, 2021 ' 03:08 PM EDT DOUG KASS Calling An Audible on Autos The more resear...

Resilience? Stagflation Signs, Nvidia Action, Fed Hawks on Deck, Booster Rockets

Resilience? Stagflation Signs, Nvidia Action, Fed Hawks on Deck, Booster Rockets

A wall of liquidity seems to absorb every dip. But there are also enough reasons to be ever vigilant.

Jim Cramer: The Showman as CEO Operator? They're Hard to Beat

Jim Cramer: The Showman as CEO Operator? They're Hard to Beat

For starters there's Adam Aron and Elon Musk.

Housekeeping Item

Late last week I called an audible on the auto stocks - selling some of my shares and also selling calls against both both and . As expected, I lost all of my General Motors long position through an option assignment on Friday.

Calling An Audible on Autos

The more research I do, the more I come to the view that the automobile industry has also benefited from a pull forward of demand.  This is, like banks, a go-to sector for value investors - and has been readily embraced by many, to the point it may ...

Jim Cramer: We're Hungry for Chips, but China Also Wants a Bite

Jim Cramer: We're Hungry for Chips, but China Also Wants a Bite

Semiconductors are used in cars, computers and even high-tech grills. The problem is China's appetite is also insatiable -- and Taiwan is stuck in the middle.

Out of General Motors

Reflecting my ursine market view, I have taken my quick one day profit in General Motors .

Jim Cramer: Let's Get the Real Deal on the Health of the Economy

Jim Cramer: Let's Get the Real Deal on the Health of the Economy

Is the truth in the jobs report or GM's earnings? Or is it in the cruise lines or the real estate firms? Let me show you the 'REIT' way to look at it.

An Active Trading Day

I had a very active trading day! * I added to Discovery , Disney , Ford (sold calls), General Motors (sold calls) and Viacom longs. * I added to Facebook , Goldman Sachs , Morgan Stanley , and Tesla shorts. Thanks for reading my Diary. Enjoy your ev...

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...