General Motors: Yes, You Can Buy Its Stock at This Point in the Cycle

Analysts have recently argued that investors just can’t be convinced to buy General Motors (GM) at this point in the economic cycle. Ever-bullish Citigroup analyst Itay Michaeli and Justin Barell argue that yes, in fact, they can, and they should. They explain why: Bloomberg News Historically GM shares traded at ~6x P/E not during SAAR […]