Sorry I haven’t posted for a while. I promise to do better.
I’ll start with this. Almost exactly a year ago, I told investors to consider GM stock since it looked cheap.
Now I admit there have been better investments out there (including Tesla) and a lot has happened in a year, not least Covid-19 and a flood of liquidity into financial markets driving much speculative excess. But even old GM is starting to shine:
General Motors’ one-year chart. Source: Refinitiv.