Wednesday, July 2, 2014

GM keeps going up despite the recalls

My comments on the article -
http://seekingalpha.com/news/1828975-gm-gains-opportunity-from-recalls-customers-find-it-a-good-time-to-buy


Had commented on GM. Nice article. It is true that despite so many recalls, the stock is not reflecting it and it keeps going up.

GM is definitely a good stock and even after so much of recalls the stock does not reflect it and the market still shows confidence in this brand name. GM has definitely taken a step in the right direction, how it will impact in short term, may be consolidate, but longer term this stock is positioned well to outperform the market. I like it but would like when this noise is behind the stock.