30 01, 2024

GM Surges on Earnings Beat and Strong Guidance – We Found 2 Other Reasons to Buy This Stock Now

By |2024-01-30T19:02:50+00:00January 30th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , |

General Motors (GM) delivered Q4 earnings this Tuesday morning. The beat sent shares 7% higher, adding to what has been a torrent pace over the past few months as GM has now gained 37% in that timeframe. The US automaker is finally starting to find its footing after the UAW strike took its toll [...]

10 02, 2023

GM & GlobalFoundries Strike Deal to Overcome Chip Shortages: What Investors Need to Know

By |2023-12-07T21:02:26+00:00February 10th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , |

Automakers have struggled for a few years now to meet demand as semiconductor chip shortages have ravaged the industry. This has been a result of the COVID-19 pandemic shutting down factories and putting production on pause. But for General Motors, this issue looks to be one of the past. Yesterday, the automaker announced the [...]

31 01, 2023

GM Reports Record Revenue & Invests in Lithium Production, But is the Stock Even Worth Buying?

By |2023-12-07T21:03:24+00:00January 31st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , |

Last year GM reported record-breaking full-year revenues of $10.4 billion. This year, the company did it again - outshining last year’s performance with a full-year adjusted income of $11 billion. The company also reported profits in excess of what analysts were expecting for the fourth quarter. Moreover, earnings per share were up to $2.12 [...]

19 08, 2022

GM Restores Quarterly Dividend – and With Momentum in its Sails, the Stock is Rated a Buy

By |2023-12-07T21:16:25+00:00August 19th, 2022|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , , , , |

Back in April of 2020, the world's second-largest automaker - General Motors - made the decision to cut its dividend payouts. This decision came at the height of the COVID-19 pandemic when companies were hit the hardest. In February of 2020, the company paid out a dividend of 38 cents. And on September 15, [...]

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