Zacks Rank and Earnings Estimate Revisions - General Motors upgraded to Zacks Rank 2, placing it in the top 20% of Zacks-covered stocks, indicating potential for near-term stock price increase [2][9] - Zacks Rank system effectively harnesses the power of earnings estimate revisions, which strongly correlate with near-term stock movements [8][10] - Zacks Rank 1 stocks have generated an average annual return of +25% since 1988, showcasing the system's impressive track record [13] General Motors Earnings Outlook - General Motors expected to earn $10.34 per share for fiscal year ending December 2024, a 34.6% increase from the previous year [11] - Zacks Consensus Estimate for General Motors has increased by 3.9% over the past three months, reflecting upward trend in earnings estimates [14] - Upgrade to Zacks Rank 2 reflects improving business fundamentals and positive earnings outlook for General Motors [6][15] Earnings Estimate Revisions and Stock Price Impact - Changing earnings picture is a powerful factor influencing near-term stock price movements, with earnings estimate revisions strongly correlated to stock performance [5][7] - Institutional investors use earnings estimates to calculate fair value of stocks, leading to price movements based on their large transactions [7] - Zacks rating system maintains equal proportion of 'buy' and 'sell' ratings, with only top 5% of stocks receiving 'Strong Buy' rating, ensuring unbiased recommendations [16]

Industry Overview - The US auto industry faced challenges in 2024, with affordability issues due to high interest rates and elevated vehicle prices, leading to a 2% year-over-year decline in third-quarter new vehicle sales [4] - Production forecasts for North American light vehicles were adjusted downward to 15.5 million units from 15.8 million as automakers implemented strategic production cuts to manage inventory levels [4] - S&P Global Mobility projects US auto sales volumes to reach 16.2 million units in 2025, reflecting a modest 1.2% increase from the estimated 2024 level [11] Large-Cap Auto Stocks - Large-cap stocks offer stability and reliability during market volatility, making them attractive for risk-averse investors [12] - These stocks provide a balanced blend of stability and growth potential, with established market presence, robust financials, and consistent performance [12] - Large-cap companies often prioritize shareholder returns through dividends and share buybacks, enhancing their appeal [12] Tesla (TSLA) - Tesla's 2025 revenue and earnings are expected to grow by 17.5% and 32% year-over-year, respectively, with EPS estimates for 2025 moving up 6 cents to $3.26 over the past 30 days [6] - The company is well-positioned to thrive without subsidies due to its cost efficiency and unmatched scale, with CEO Elon Musk forecasting 20%-30% growth in vehicle deliveries for 2025 [9] - Tesla's robust balance sheet supports continued innovation and expansion, with progress in autonomous vehicles and plans to launch robotaxi services in 2025 [14] General Motors (GM) - GM is advancing in its electrification journey, aiming to improve EV sales and profitability by reducing battery costs, introducing new models, and expanding scale [13] - The company is on track to achieve its $2 billion net cost reduction program by year-end and had total automotive liquidity of $40.2 billion as of Sept. 30, 2024 [16] - GM's 2025 earnings are expected to grow by 2.7% year-over-year, with EPS estimates for 2025 moving up 13 cents to $10.62 over the past 30 days [20] CarMax (KMX) - CarMax's fiscal 2025 and 2026 earnings are expected to grow by 4.3% and 22.2% year-over-year, respectively, with EPS estimates for current and next fiscal years moving up by 14 cents and 11 cents over the past seven days [17] - The company plans to open five new stores, launch a second reconditioning facility, and debut an offsite auction in fiscal 2025, with additional offsite reconditioning and auction locations planned for fiscal 2026 [21] - Strategic buyouts and omnichannel initiatives, including MaxOffer and an online appraisal tool, are driving growth in purchases and wholesale sales [18]

To many, the automotive space may not seem all that exciting. Although, given the movement in electric vehicles over the past several years, perhaps that sentiment is not as true as it used to be. But I digress. Certainly, we can all agree that the automotiveCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock mod ...

Volt Carbon Technologies Announces Closing of Second Tranche of Private Placement for Gross Proceeds of C$200,000.01 and Notice of Annual General MeetingDecember 24, 2024 1:09 PM EST | Source: Volt Carbon TechnologiesCalgary, Alberta--(Newsfile Corp. - December 24, 2024) -  Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) ("Volt Carbon" or the "Company"), is pleased to announce that it has closed the second tranche of the private placement (the "Offering") announced on Nov 19, 2024, by ...

Besra Gold Announces Results of Annual General and Special Meetings of ShareholdersDecember 23, 2024 10:55 AM EST | Source: Besra Gold Inc.Melbourne, Victoria, Australia--(Newsfile Corp. - December 23, 2024) - Besra Gold Inc. (ASX: BEZ) (the Company or Besra) is pleased to announce the results of voting at its annual general and special meetings of shareholders held on Friday, December 20, 2024, at 12:30 pm (Sydney, Australia time) in Sydney, New South Wales, Australia (the Meeting).Matters s ...

Shares of General Motors Company GM are little changed Monday despite news that rivals Honda Motor Co., Ltd. HMC and Nissan Motor Co., Ltd. NSANY are discussing a merger. This would create the world's third-largest automaker.It is not clear how this would affect the long-term prospects of GM. But in the short term, the recent downtrend may be over. The stage may be set for a rally. This is why we have made it our Stock of the Day.Some analysts believe that markets are efficient and stocks follow a ‘random w ...

General Dynamics Corporation’s (GD) business unit, Electric Boat, recently clinched a modification contract involving attack submarines. The award has been offered by the Naval Sea Systems Command, Washington, D.C.Details of GD’s DealValued at $235.5 million, the contract is expected to be completed by September 2025. Per the terms of the deal, General Dynamics will provide engineering, technical, design agent and planning yard support for operational strategic and attack submarines.The majority of work rel ...

Nextleaf Shares a Commercial Update Including 14 New Product Listings, and Announces Date for Annual General MeetingDecember 23, 2024 9:00 AM EST | Source: Nextleaf Solutions Ltd.Vancouver, British Columbia--(Newsfile Corp. - December 23, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a leading life science firm and licensed cannabis processor, is excited to announce 14 new product listings nationally across 4 categories, and the ...

Astra Exploration Announces Results of Annual General Meeting and Issues Stock OptionsDecember 23, 2024 7:30 AM EST | Source: Astra Exploration Inc.Vancouver, British Columbia--(Newsfile Corp. - December 23, 2024) - Astra Exploration Inc. (TSXV: ASTR) (OTCQB: ATEPF) ("Astra Exploration" or the "Company") is pleased to report voting results for the Company's Annual General Meeting held on December 12, 2024, as follows:Total votes numbered 33,656,970 representing 40.02% of the 84,091,108 issued ...

My bearish view on Dollar General (NYSE: DG ) is playing out well as the stock has underperformed the S&P 500 ( SPY ) ( SPX ) ( IVV ) ( VOO ) since my initiating coverage on the stock:Providing alpha-generating investment ideas. I am an independent investor managing my family's portfolio, primarily via a Self Managed Super Fund. You can expect my articles to deliver a clearly structured, evidence-based thesis. But first and foremost, I encourage readers to judge me on my performance.I have a generalist appr ...