GM is Shifting to EVs and Can Outperform its Industry

Below is an important message from our trusted sponsors General Motors Co. (NYSE: GM) is shifting more of its product lineup towards electrification. Demand for Electric Vehicles is growing and large automakers are rushing to adapt. GM's focus on an EV future makes now an interesting time to invest. Tesla has shown that EVs can work. It has also proved through massive growth that EVs can create huge sales upsides. Companies like GM have taken note. GM broke two years of sales declines in the 2021 fiscal year, expanding revenue by 3.69%. The company is still profitable at the bottom line with a 16.83% EBITDA margin. This could grow even more when the company updates its electric lineup. GM will release a hybrid version of the popular Corvette next year. A fully electric version will be close behind. The company is also pushing ahead with electric pickups for a growing market segment. Analysts are upbeat about the company's future. The stock is expected to outperform its industry in 2022. With an average target of $68.19, there could be a significant upside over the $39.82 closing yesterday. With stocks currently down from recent peaks, it's time to pick up bargains with growth ahead. Learn how to find the investments that create financial success. Don't miss these investment strategies. The information above is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. The opinions are our own and we have not been compensated in any way to review the symbols mentioned above.  --------------------------------------------------------------- sponsored ads below --------------------------------------------------------------- 99% of Americans don’t even know this coin exists It’s THE next coin... And Elon Musk made sure it was one of the only three coins he owns. 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