General Motors won't reach EV goal, impacting profits, not recommended by investing experts.

From Nasdaq: 2024-07-23 09:15:00

General Motors (NYSE: GM) won’t reach its goal of 1 million electric vehicles (EVs), impacting profits due to reliance on truck and SUV sales. Travis Hoium advises caution in investing $1,000 in GM, as Motley Fool’s 10 best stocks exclude it, with historical returns favoring their selections. Consider Stock Advisor’s track record and guidance for success. Disclosure: Hoium holds GM positions and Motley Fool recommends Tesla and GM.

Investors beware, General Motors’ focus on EVs may not be an optimal investment. Motley Fool’s top 10 stock picks exclude GM, historically yielding significant returns. Stock Advisor offers a proven blueprint for success, surpassing S&P 500 returns since 2002. Consider expert advice and trends before investing. Disclosure: Hoium holds GM positions and Motley Fool recommends select stocks over GM.

Travis Hoium, disclosing GM positions, presents caution regarding investing in General Motors compared to top stock picks. Motley Fool’s recommendations omit GM in favor of potential high returns from other stocks. Stock Advisor’s historical success and expert guidance offer a reliable investment approach. Consider expert opinions and historical trends before investing. Disclosure: Hoium has GM positions and recommends select stocks over GM.



Read more at Nasdaq: GM’s Electric Vehicle Miss and Why It’s a Win for Investors