General Motors is an American global automotive manufacturing corporation with headquarters in Detroit, Michigan. Learn the latest information and analysis on the company, GM stock price today, stock news, how much one share costs and other information to help you make investment decisions.
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General Motors was established in 1908 as a holding company that would acquire a number of major car brands: Chevrolet, Buick, Cadillac, GMC and others. GM was the largest US seller of vehicles since 1931 until 2021, when it was outsold by Toyota.
GM has high revenue and strong fundamentals, with annual sales of over $130 billion and P/E ratio of 5.99, this stock is a great one to watch or buy, not only for car lovers.
The General Motors stock price fell by 30% in the first quarter of 2022, which makes the price of $40 (4/18/22) a good entry point for long-term investment in a company that is in a good position for both traditional and EV markets.
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