Wall Street Favorites: 3 Auto Stocks With Strong Buy Ratings for June 2024

Amidst positive market trends and robust financial performance, several analysts have rated strong buy auto stocks to capitalize on the industry's growth. General Motors' (NYSE:GM) stock is on an upward trajectory after announcing a 33% increase in its dividend and a $10 billion share repurchase program earlier this year. The auto giant is appealing to its investors once again with an additional $6 billion in stock buybacks. A second catalyst for the industry is the electrification of cars. While the adopti ...