General Motors stock has been on the rise since the beginning of this month and it has maintained a strong bullish trend over the last five days with today being the best performing day after it surged by more than 4%.
To help stock traders who want to invest in the current surge in General Motors stock price, Invezz has created a brief article on what it is and the best places to buy it.
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What is General Motors?
General Motors, commonly just referred to as GM, is an American multinational automotive manufacturing corporation. It is headquartered in Detroit, Michigan, United States.
GM is the largest automobile manufacturer based in the United States and one of the largest worldwide currently competing with the rising giant Tesla.
GM is a publicly listed company and it’s traded on the New York Stock Exchange (NYSE) under the ticker NYSE: GM.
Should I buy the GM stock today?
If you want to invest in a stock that has been rising since the beginning of this month, then the General Motors stock could be a good choice.
You should however note that the stock has been on the decline for the better part of the year.
GM stock price prediction
Although stock analysts are skeptical about a complete General Motors stock price rebound, the majority expect the stock to attempt to get above $40.1 by the end of this month.
GM social media coverage
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