General Motors Company (GM) has agreed to postpone an additional $330 million investment in Lithium Americas Corp. (LAC) , a Canada-based mining corporation, until the end of the year. In January 2023, the legendary automaker announced a $650 million investment in Lithium Americas to assist the miner in developing Thacker Pass, the largest Measured and Indicated lithium resource in North America, which has enough lithium to produce one million electric vehicles annually. The first part of this two-tranche i ...

JHVEPhotoBack in early April of this year, one company that I rated a ‘buy’ is the iconic firm known as General Motors (NYSE:GM). As one of the largest automotive producers on the planet, it is a true behemoth. And over the past few years, sales of the company have grown while the general trend for profits has been higher. This year is looking to be particularly pleasant, with revenue, profits, and cash flows all expected to rise compared to what they were last year. But this is not to say that everythi ...

The automaker trades for a ridiculously cheap valuation even though it has massive potential.General Motors (GM 0.63%) is often overlooked by investors in favor of pure-play electric vehicle stocks. But I would argue that not only is General Motors a cheap stock right now, but it could be the most underrated way to invest in both electric and autonomous vehicles in the entire market. Here are just three of many reasons why General Motors is one of the largest stock positions in my own portfolio, and why I p ...

blackestockphoto/E+ via Getty Images Portland General Electric (NYSE:POR) offers an attractive 4.2% dividend alongside an earnings yield of about 6.5%, the latter referencing Warren Buffet's "Equity Bond" method. Both rates easily top the 10-year Treasury bond. With a P/E ratio of 15.6, the stock is trading below its historical average, and other metrics discussed below point to potential undervaluation. After comparing the company with peers that met stringent screen criteria, I argue that POR deserves ...

NEW YORK, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Dollar General Corporation (“Dollar General” or “the Company”) (NYSE: DG). Investors who purchased Dollar General securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/DG. Investigation Details On August 29, 2024, Dollar General lowered its outlook for same-store sales and ea ...

Per media sources, a federal appeals court has ordered U.S. auto giant General Motors (GM) to face a class action lawsuit that alleges the company violated the laws of 26 U.S. states by intentionally selling hundreds of thousands of vehicles equipped with defective transmissions. The decision, issued by the 6th U.S. Circuit Court of Appeals, paves the way for a group of drivers to collectively sue GM over problems associated with its 8L45 and 8L90 eight-speed automatic transmissions, which were used in Cadi ...

jetcityimage If Dollar General (DG) is having a hard time, imagine how its customers must feel. Shares of the $20 billion low-cost U.S. retailer fell 25% on Thursday after it cut its sales forecasts and reported second quarter earnings that didn’t meet expectations. Chief Executive Todd Vasos painted a troubling picture of the low-income group that make up the lion’s share of the company’s shoppers, and a sizeable chunk of the U.S. population. It’s not that the company is having too hard a time attracti ...

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying DG stock? Here’s what analysts think: ...

Dollar General TodayDGDollar General$84.20 -39.64 (-32.01%) 52-Week Range$84.00▼$168.07Dividend Yield2.80%P/E Ratio12.26Price Target$144.10Add to WatchlistDollar General NYSE: DG is a leading discount retailer serving millions of value-conscious shoppers across the United States. Dollar General’s stock price has been struggling with headwinds since the beginning of the second quarter, and the company has seen its stock price plummet by over 35% year-to-date.While this decline might appear to be an issue wit ...

After many headaches, GM finally has some good news for Cruise regarding an NHTSA probe and an intriguing partnership.The automotive industry is arguably poised to evolve more over the next decade or two than it has over the past century. There is a massive opportunity for automakers with the transition to electric vehicles (EVs), the potential for software revenue and subscription-as-a-service, and robotaxis, just to name a few things.For all of the exciting potential upside, all that General Motors' (GM 0 ...