Skip to main content
This Board Has Moved

This board has been migrated to our new platform! Check out the new home page at discussion.fool.com or click below to go directly to the new Board on the new site.

Go to the New Site
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Recommended reading:

April 21st WSJ article entitled, Some Investors Shift to General Motors Shares After Taking a Great Ride With Ford's Stock.

Umillt
Print the post Back To Top
No. of Recommendations: 0
GM was one of only 4 stocks in the DJIA to buck the trend today (DJIA down 147 points). While auto analysts rate it differently than F & C, upside potential in GM is no less IMHO. Since it is still the underdog, it may also make new 1998 highs just as soon (or sooner) than F or C.

Why so? Company stock buyback program, Moody's upgrade of debt ratings, potential $4 billion of 1998 cost reduction, new models replacing approx 45% of current ones etc., etc. That's the fundamental side.

Since the stock was up today in an ugly down market, it may be just as informative to watch the technical side.


Umillt
Print the post Back To Top
No. of Recommendations: 0
G.M. has dedicated itself to cutting costs !!! There are no "Sacred Cows" in it's world wide operations ...G.M. has made great strides in quality over the past few years and still has a way to go ...Right now Saturn is in a race with Toyota to be the first automobile plant in North America to be QS 9000 certified ...This is a quality standard that Saturn holds it's suppliers to.... No automobile assembly plant has achieved this yet....One day you may see this fact listed in a Saturn sales campaign !!!
Print the post Back To Top