General Motors: Surging Higher

On many fronts, General Motors Company (NYSE: GM ) has reached a critical turning point in 2024. On a YTD basis, the stock has seen tremendous gains of over 49% even while the S&P 500 is currently lagging far behind (with gains ofAnalyst’s Disclosure: I/we have a beneficial long position in the shares of GM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I hav ...