GM – General Motors Company is a leading automotive company which designs, builds and sells cars, trucks and auto parts across the globe.
GM – General Motors Company
|Fundamentals||Previously closed at||32.19|
|Analysts opinion||GM has been doing well with improvements in profits in all of its business units. Its adjusted earnings increased 46.5% to $1.26 a share for Q1, crushing wall street estimates by a huge surprise factor. It reported revenues of $37.3 Billion, 4.5% higher than its previous year Q1. GM also managed to break even in Europe and make strong profits in China markets. Also GM recently unveiled Chevrolet Bolt EV, with the deliveries in early 2017. It is expected to make a huge impact in the electric vehicle mass market, competing with Tesla’s model 3.|
|Sentiments||Despite having invested $500 million in Lyft, paying a $300 million union worker buyouts and $60 million for stockholder lawsuits, GM still managed to earn significantly greater than wallstreet estimates. This is bound to have a bullish sentiment for the stock|
|Social Media Pulse||The stock has 100% higher chatter than usual.|