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Why Now is the Time to Buy GM Stock After a 9% Drop Yesterday
GMGM(GM) ZACKS·2024-11-27 14:45

President-elect Donald Trump has pledged to impose a 25% tariff on all imports from Mexico and Canada upon taking office, a move that has already sent shockwaves across the U.S. auto industry. General Motors (GM) , which has the highest exposure to Mexico among U.S. automakers, felt the immediate impact as its stock tumbled 9% following the announcement. However, this sharp dip could present a golden opportunity for savvy investors.Trump’s Tariff Threats Slam General MotorsGM leads all U.S. automakers in ca ...