General Motors (GM) reached a 10-year high in morning trading with strong technical momentum and a 100% “Buy” opinion from Barchart. Shares are up 32% in the past year with earnings expected to rebound next year, leading to a price target of $100.

Valued at $68.58 billion, GM has a history of dominating the U.S. auto industry, overcoming bankruptcy, and embracing an electric future with the Ultium Drive system. The company produces vehicles under brands like Chevrolet, Buick, GMC, and Cadillac.

GM’s stock hit a 10-year high of $73.89 with a Weighted Alpha of +53.86 and a 100% “Buy” opinion from Barchart. The stock has gained 32.13% over the past year, with a 50-day moving average of $65.05 and a 6.31% increase in the last month. Wall Street analysts are bullish, with price targets ranging from $41 to $100.

With strong valuation and profitability, GM is a compelling buy according to Seeking Alpha. Analysts rate the stock between “Strong Buy” to “Buy,” with price targets up to $95. Investors on Motley Fool and Seeking Alpha are mostly positive, with Morningstar valuing the stock at $80.

Read more at Yahoo Finance: General Motors Stock Just Revved Up to New 10-Year Highs