What will gm stock sell for

But even the low end of the new range would represent a solid result in the current environment -- and GM stock trades for less than 10 times that projected EPS figure. Last quarter, GM delivered over , vehicles in the U. This highlights the strength of demand for GM's current products.

As the semiconductor shortage eases over the next year or so, General Motors will likely ramp up output quickly to meet pent-up demand. That, in turn, could drive a huge jump in earnings next year. Looking further ahead, GM is investing aggressively in its Ultium battery platform, which will allow it to launch a slew of new electric vehicles while rapidly reducing battery costs. It also continues to invest in other promising long-term growth opportunities like hydrogen fuel cells and autonomous vehicles.

These moves should help the auto giant generate durable and growing profits, creating tremendous upside in GM stock for long-term investors. Discounted offers are only available to new members. Stock Advisor will renew at the then current list price. Average returns of all recommendations since inception. Cost basis and return based on previous market day close. Investing Planning for Retirement. Retired: What Now? Personal Finance.

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