Why General Motors Heads Higher
- General Motors continues trading in a small range below $35.
- The fundamentals of the company continue to improve allowing for large capital returns in comparison to the market cap.
- The stock remains a solid buy providing a dividend yield over 4% to pay investors while waiting for the stock to bounce higher.
For the last two years, the stock of General Motors (NYSE:GM) has flatlined. The market has worried endlessly about waning demand in China and liabilities from the ignition switch issue amongst others.
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