Monday, February 11, 2008

General Motors - The Future Looks Strong

You thought the move in General Motors was impressive from $17 to $43.

The next leg up has potential all the way to $63, so the return here should be excellent.

There are quite a few factors that will lead to this major move in the stock, but to sum it up,
GM is by far, much further along in their turn-around then are Ford and Chrysler.

GM is doing many of the right things in the right manner.
Now granted I say this under the concept of automaker mentality.

While GM seems to be making great strides as far as auto companies are concerned, if you were to compare their progress to a large universe of companies they would rate sub-par.

However, the market factors this way of thinking into the price so we don't have to concern ourselves to much with it.


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