Use access key #2 to skip to page content.

IBDvalueinvestin (99.67)

GM from worst to best in 2012?

Recs

2

January 05, 2012 – Comments (3) | RELATED TICKERS: GM , F , HMC

GM fell nearly -50% from 2011 highs to start of 2012, making it one of the worst performers in the market over the same time period. But its starting 2012 on the right foot , GM adds more steel to Volt to protect battery AP (Thu 2:05PM EST). This news plus add in all the people that shorted heavily plus a forward PE around only 5 makes this stock a compelling buy for 2012 value investors.

 

3 Comments – Post Your Own

#1) On January 05, 2012 at 3:53 PM, JaysRage (89.42) wrote:

I'd predict a Toyota rebound way before one for GM.   Tough to be real optimistic about the sector overall, but the premium brand is Toyota, and they were unfairly punished by false allegations in the previous year.    I think they'll re-establish their quality dominance.    While Toyota was picking itself up off the carpet, Honda has been having its own struggles.  

Toyota is the only play here in my opinion, and even that is shaky because I think the sector will under-perform overall. 

Report this comment
#2) On January 05, 2012 at 5:29 PM, Bkeepr100 (< 20) wrote:

I won't buy GM stock or car. I might have if the company hadn't gone for the goverment bailout.

Report this comment
#3) On January 05, 2012 at 5:42 PM, PeteysTired (< 20) wrote:

Amen Bkeepr100 amen.

Report this comment

Featured Broker Partners


Advertisement