Home >> Stock Forums >> GM, the stock no one likes........

GM, the stock no one likes........


ReaperHWK said: "I have a honest question guys. Almost all the analyists dog GM. Even Cramer said GM in 2006 would probably go bankrupt. GM made 40% stock increase last year, one of the best performing ones. And last week on trading, I noticed GM going up and TM going down. And all the news about GM's new cars and how they are restructuring. Also, GM is planning to spend mroe money for better interiors and such. Now, is GM at $30 even remotely considered a buy?? THis would be for long term, I suppose betting on GM returning to profitability and holding of TOyota. I also especially like the GM 3.3% dividend. Is this a logical gamble, or am I out of my mind??"

FirefighterB said: "I have a place in my heart (which means I've learned not to invest in them anymore) for the Automotive sector. However, I don't know if GM's in a good spot now. I rode it up during a solid portion of that 40% gain, but I don't know if she's got that much more in her until the auto picture is much clearer. IMHO."

Copyright 2003-2012, Superior Investor