General Motors (NYSE:GM) is firing on all cylinders. Plus, the American auto sector is again accelerating. Moreover, GM’s longer-term prognosis is quite good, as the automaker’s electric-vehicle business looks poised to thrive. Better, GM appears well-positioned to launch a lucrative robotaxi business.
Given these points, I’m very bullish on GM stock, and I recommend that investors buy shares. GM is particularly well-suited for relatively conservative investors who are looking for a safe play on the EV and self-driving megatrends.
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