Gereral Motors DD (Short)

Lets get this straight: Tesla is great and all that, but the market for EV's is growing, and not everyone can afford a 70,000 dollar car. General Motors is starting to fill this gap, with their Electric Cars, pictured below. They are also experimenting into the new and profitable world of self driving cars, offering free rides for citizens in san fransico. This has made Softbank recently invest a whopping 1.35 BILLION dollars into them, ontop of the 900 million from 2018. They have applied for permits with the California Public Utilites Commison, saying that they will start with a small amount of rides, but working up to possibly having a full scale self driving system in San Fran. General Motors has a total of 8 strong buys, 13 buys, 3 holds, and no sells of any kind. You can also see how it has recently broken out of a multi year resistence, and even though its up 30 percent~ since then, it still has lots of room to go. For anyone who wants a safe stock with great upside and lowish risk, GM is great for you. Sources: Bing, Stocktwits (for charts), and GM’s Cruise Offers Driverless Rides, Triggering SoftBank Funds 

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Gereral Motors DD (Short)

bullish

Lets get this straight: Tesla is great and all that, but the market for EV's is growing, and not everyone can afford a 70,000 dollar car. General Motors is starting to fill this gap, with their Electric Cars, pictured below. They are also experimenting into the new and profitable world of self driving cars, offering free rides for citizens in san fransico. This has made Softbank recently invest a whopping 1.35 BILLION dollars into them, ontop of the 900 million from 2018. They have applied for permits with the California Public Utilites Commison, saying that they will start with a small amount of rides, but working up to possibly having a full scale self driving system in San Fran. General Motors has a total of 8 strong buys, 13 buys, 3 holds, and no sells of any kind. You can also see how it has recently broken out of a multi year resistence, and even though its up 30 percent~ since then, it still has lots of room to go. For anyone who wants a safe stock with great upside and lowish risk, GM is great for you.

Sources: Bing, Stocktwits (for charts), and GM's Cruise Offers Driverless Rides, Triggering SoftBank Funds

read-time
1 min
80.00
Target Price
10/ 10
Confidence
1-3 Years
Timeframe
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Earnings Release
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News
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SEC
Filing
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Sentiment
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