U.S. Markets close in 38 mins

Most Analysts Give GM Stock a ‘Buy’ ahead of Q3 Earnings

John Parker
Most Analysts Give GM Stock a ‘Buy’ ahead of Q3 Earnings

In the previous part of this series, we looked at analyst expectations for General Motors’ (GM) third-quarter earnings. Estimates suggested minor weakness. Analysts don’t expect positive earnings growth for the company in the fourth quarter either. In addition to earnings estimates, investors should also be aware of Wall Street analysts’ ratings, as they may have an impact on the company’s stock price action. Now let’s explore what analysts are recommending for GM before its third-quarter earnings event.