Time to Ride General Motors (GM) Stock for Higher Highs?
GMGM(US:GM) ZACKS·2024-06-11 19:26

General Motors (GM)  stock printed another day of fresh 52-week highs after the auto giant announced an additional $6 billion in stock buybacks. Continuing to appease investors, this comes as General Motors launched a $10 billion accelerated share repurchase (ASR) program at the end of last year and increased its dividend by 33% going into 2024.This is certainly a nod to the confidence General Motors has in its business operations and the ability to generate cash flow but let’s see if it's time to buy GM fo ...

Time to Ride General Motors (GM) Stock for Higher Highs? - Reportify