Is General Motors Stock a Buy?
GMGM(US:GM) The Motley Fool·2024-02-29 14:19

General Motors (GM 1.12%) recently reported Q4 2023 financial results that shareholders rallied around. The business raked in $43 billion of revenue during the three-month period and posted adjusted earnings per share of $1.24. Both figures crushed Wall Street estimates.In the last three months, GM shares are up an incredible 43%. That gain beats the S&P 500's return by a wide margin.Is it time to buy this top automotive stock and hold it for the long term?Riding strong momentumGM's revenue in the fourth qu ...