When to buy GM stock
GM stock has been tanking over the past year. When Cruise Automation's self driving GM cars hit production, we can expect a huge increase in GM's stock price, as long as the cars are successful. When is the best time to buy GM to hold for the long term? Should we wait for them to tank a bit more or buy now?
Cruise is private now
Buy GM stock when it reaches $1. Thier sales are dipping. They have no brand value in many part of the world. Another recession would push GM to bankruptcy.
You really think it will reach $1? It's at $31.79 now and I highly doubt it will ever dip below $10. Below $15 seems like a stretch, even with a market crash. Unless it actually goes bankrupt
Btw, GM stock did hit $1 in 2008 crash. They were bankrupt.
Tough call. But I’ll still go with never
Buy F, I emailed the investor relations and they told me they have a plan in place.
While this is hilarious, my post was actually serious. Ford's investment in Argo AI means it will not contend with Cruise/GM and Waymo
Waymo is way ahead... supposed to be road ready by end of this year