General Motors' stock has 40 percent return potential: Barron's

Discussion in 'Stock Market Forum' started by Rainman, Nov 9, 2015.

  1. Rainman

    Rainman Senior Investor

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    It's rather tempting to buy GM's stock. According to Barron's financial weekly, General Motors shares could return as much as 40% including a 5% dividend yield next year.

    http://www.reuters.com/article/2015/11/09/us-gm-stocks-idUSKCN0SY02220151109
    Think it is great stock to buy?
     
  2. baudwalk

    baudwalk Senior Investor

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  3. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I was short this one for a while earlier this year after it hit ~ $38. Made a nice profit there on the way down over a few months.

    I'll pass on going long. They've made too many mistakes, and they don't do such a good job with crisis management IMO. Plus the unions are killers, which is why I've never been a fan of the Big 3 anyway.
     

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