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Is GM Stock a Buy?
GMGM(US:GM) The Motley Foolยท2024-08-25 07:25

Shares of the Detroit automaker have crushed the market this year.General Motors (GM 4.54%) has been a terrific business to have owned this year. Shares have climbed 30% in 2024 (as of Aug. 22), easily outpacing the 18% rise of the broader S&P 500 index.The Detroit carmaker is pleasing its shareholders during a time when its crosstown rival, Ford, has dropped 10%. But is GM a smart buy right now? Let's look at both the bull and bear cases for this auto stock.GM's momentumGM's business is performing well, as ...