posted by mark
on Wed, 02/21/2018 - 14:56
Article Link:
GM is rocking today! Maybe the information in this article is the source.
GM has moved ahead nicely since last year's election. It still is holding at a 7 trailing P/E. I think many investors were downplaying the auto industry and assuming that it had reached its traditional peak cycle and, now, there was nowhere to go but down. Sure, they can't grow to the sky. They don't have magic beans. But is it a good time to get on board at a good price/value? I still think it is.
It is a fight to the finish for autonomous vehicles! Is GM going to lead the pack?
