General Motors: Earnings Beat But Potholes Still Abound [View article]
This article seems to treat GM from the perspective of a short-term trader looking for a quick one-year profit rather than a long-term business owner.
Europe is soft but will eventually be fixed. The results there will gradually become relatively less important as other markets grow.The Volt has become a political punching-bag but it was never a product the company had bet it's future on. GM has a lot of options for buyers wanting fuel-efficient cars.
There are other car companies out there with better product lines and better management. But none of them are available for a PE of 5.00 with the cash and low debt levels that GM has. The pension situation will also work itself out over the long-term as newer employees join on terms far less favourable than older ones. I have a small position in the company and will gradually add to it if weakness persists. I see excellent prospects for a sure-fire profit over the next three to five years.
This Stock Could Pass GM, Ford By 2013 [View article]
General Motors: Earnings Beat But Potholes Still Abound [View article]
Europe is soft but will eventually be fixed. The results there will gradually become relatively less important as other markets grow.The Volt has become a political punching-bag but it was never a product the company had bet it's future on. GM has a lot of options for buyers wanting fuel-efficient cars.
There are other car companies out there with better product lines and better management. But none of them are available for a PE of 5.00 with the cash and low debt levels that GM has. The pension situation will also work itself out over the long-term as newer employees join on terms far less favourable than older ones. I have a small position in the company and will gradually add to it if weakness persists. I see excellent prospects for a sure-fire profit over the next three to five years.
General Motors: A Strong Play For Value Investors [View article]
It would be a worry if the company was not making profits.