GM - General Motors Company

NYSE - NYSE Delayed Price. Currency in USD
36.06
-1.20 (-3.22%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close37.26
Open36.61
Bid35.91 x 2200
Ask36.19 x 1800
Day's Range35.90 - 37.18
52 Week Range30.56 - 41.90
Volume7,226,180
Avg. Volume7,809,140
Market Cap51.484B
Beta (3Y Monthly)1.21
PE Ratio (TTM)5.74
EPS (TTM)6.28
Earnings DateOct 29, 2019
Forward Dividend & Yield1.52 (4.08%)
Ex-Dividend Date2019-09-05
1y Target Est48.17
Trade prices are not sourced from all markets
  • Why one auto watcher thinks Volkswagen buying a Tesla stake is a good idea
    Yahoo Finance

    Why one auto watcher thinks Volkswagen buying a Tesla stake is a good idea

    Greg Migliore, editor-in-chief of Autoblog, believes it'd be a 'brilliant move' for Volkswagen to really look at buying Tesla and it will give it a 'critical edge'.

  • Bloomberg

    U.S. ‘Starting to Lose China,’ Says Global Times’ Hu Xijin

    (Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. China will follow through with retaliatory measures announced Friday and fight the trade war to the end, in the face of the U.S.’s failure to keep its promises, the state-run People’s Daily wrote in a Saturday editorial.Later, the influential Chinese journalist Hu Xijin said on Twitter that the U.S. is “starting to lose China.” On Friday, Beijing unveiled plans to impose additional tariffs on $75 billion of U.S. goods, including soybeans, automobiles and oil. The nation will “walk the talk” in implementing its third round of retaliatory measures, according to the newspaper.China has been forced into countermeasures by U.S. unilateralism and trade protectionism, the paper said, adding that Washington has been erratic in imposing tariffs on China and has shown “amnesia” in honoring its promises.Trade tensions between the two nations escalated on Friday after President Donald Trump said he’s raising tariffs on Chinese imports in response to the measures announced by Beijing. Anticipation of Trump’s actions, which were foreshadowed by a series of angry tweets, sent global stock markets reeling. Tariffs RisingExisting U.S. duties on $250 billion of Chinese imports will rise to 30% from 25% on Oct. 1, while a planned 10% tariff on a further $300 billion in Chinese goods will jump to 15%, starting with the first tranche on Sept. 1, Trump said in tweets Friday.China’s Ministry of Commerce issued a strongly-worded statement on Saturday saying the U.S. was involved in “unilateral and bullying trade protectionism” that puts the normal international trade order at risk. Trump, for his part, suggested in an overnight tweet that he was looking at the “Emergency Economic Powers Act of 1977” in ordering U.S. companies to quit China. “Case close!” Trump concluded. That measure -- technically, the International Emergency Economic Powers Act -- gives U.S. presidents wide latitude to regular international commerce at times of national emergencies. It’s unclear how Trump could use the law in the current situation to have U.S. companies bend to his will. Hu, editor-in-chief of the Global Times, a tabloid newspaper controlled by China’s ruling Communist Party, accurately predicted the timing of China’s retaliatory tariffs on Friday.On Saturday, he said China “has ‘lost’ the U.S. already,” citing high tariffs, the ban on telecoms company Huawei Technologies Co. Ltd., political hostility, and actions toward Hong Kong and Taiwan. “We’re facing a completely different United States. We have nothing more to lose, while the US is just starting to lose China,” Xu said.While the Global Times doesn’t necessarily reflect the view of Chinese leaders, Hu has said the paper voices opinions that official sources can’t.Hu earlier tweeted that if U.S. automakers heed Trump’s Friday call for “major American companies” to desert China, they would be giving up the market to Japanese and German brands. “Go back to the US, let each American family have 20 cars,” he tweeted, followed by a smiley face.U.S. importers and retailers decried the latest moves by Trump. “These escalating tariffs are the worst economic mistake since the Smoot-Hawley Tariff Act of 1930 -- a decision that catapulted our country into the Great Depression,” Gary Shapiro, president and CEO of the Consumer Technology Association, said in a statement. (Updates with China’s Commerce Ministry, CTA comment from seventh paragraph.)To contact Bloomberg News staff for this story: Evelyn Yu in Shanghai at yyu263@bloomberg.netTo contact the editors responsible for this story: Sam Mamudi at smamudi@bloomberg.net, Ros Krasny, Steve GeimannFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Here's Why Ford's Defense Contractor Acquisition Is Brilliant
    Motley Fool

    Here's Why Ford's Defense Contractor Acquisition Is Brilliant

    Ford's recent acquisition could be just what the doctor ordered to attract the future talent it needs as the auto industry rapidly evolves.

  • Stock Market Today: Trump’s Tweets Rattle Investors, Foot Locker Trips
    InvestorPlace

    Stock Market Today: Trump’s Tweets Rattle Investors, Foot Locker Trips

    It was a Rorschach test of sorts, in that investors read what they wanted into comments made by Federal Reserve Chairman Jerome Powell today in Jackson Hole, Wyoming. Then President Donald Trump responded.Powell said there is no "rulebook" for a trade war and promised that the Fed would "act as appropriate to sustain the expansion."InvestorPlace - Stock Market News, Stock Advice & Trading TipsTrump, dissatisfied with a lack of stimulative action, tweeted "the Fed did NOTHING," and then followed that tweet with another, saying "Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing […] your companies HOME and making your products in the USA."The meaning and nature of the message wasn't entirely clear, but investors saw the glass as half empty rather than half full. By the time the closing bell rang, the S&P 500 was down to the tune of 2.6%. The Dow Jones Industrial Average fell 2.4%, while the NASDAQ Composite ended the day down 3.0%.Bond prices advanced on Friday, partly as a result of investors seeking safety that stocks can't offer, and partly because at least enough investors suspect another rate cut may be looming. While Powell said little on the matter, the market interpreted his wording and Trump's follow-up as a clue that rates may be moving lower in the foreseeable future.September's Federal Open Market Committee meeting is a regularly scheduled opportunity to change the Fed Funds Rate. Top News in the Stock Market TodayPresuming the trade war being fought between China and the United States in indeed escalating, all companies will be impacted. None may be as hard hit as auto makers like Tesla (NASDAQ:TSLA) and Ford Motor (NYSE:F), however. That's because both still deliver large numbers of vehicles from the U.S. to China, and now face a reinstituted tariff of 25%. General Motors (NYSE:GM) is also a popular brand in China, but with much of its manufacturing for the market being done there, it's able to circumvent the expensive import duties. * 10 Undervalued Stocks With Breakout Potential Still, GM shares were pressured all the same, as Trump also encouraged companies with manufacturing operations in China to relocate that production elsewhere.VMware (NYSE:VMW) Chief Executive Officer Patrick Gelsinger described the cybersecurity market as "broken" Thursday evening, as a prelude to news that it would be simultaneously acquiring Carbon Black (NASDAQ:CBLK) and Pivotal Software (NYSE:PVTL). "The acquisitions announced today will advance our goal of offering more comprehensive and trusted cloud-agnostic solutions," explained Gelsinger.Shareholders aren't quite as convinced the $4.8 billion VMware is laying out for the two companies is money well spent, however. VMW stock fell almost 10% on the news.A long nightmare for Boeing (NYSE:BA) could be ending soon, according to reports from The Seattle Times. The newspaper's website suggested Thursday evening that the beleaguered 737 MAX could be re-certified by the Federal Aviation Administration within the next few weeks. The plane was grounded in the United States, and elsewhere, after a couple of fatal crashes were linked to a safety system that caused confusion for pilots. The solution, however, is a relatively easy recoding of the software that operates the system.The news didn't boost BA stock much, though it did keep it out of the red on a day most other names were losing a lot of ground. Big MoversFoot Locker (NYSE:FL), already losing ground since rolling over in April, lost another 19% on Friday after reporting sales and earnings that fell short of expectations. Operating income of 66 cents per share missed estimates of 67 cents, and were down nearly a dime from year-ago numbers. Sales of $1.77 billion were also down a bit year-over-year, but more than that, came up short of the $1.82 billion analysts had modeled.Friday was a particularly poor day for toy maker stocks Hasbro (NASDAQ:HAS) and Mattel (NASDAQ:MAT), although for different reasons, neither of which was earnings-related.HAS stock ended the day lower by 10% after the company announced it would be acquiring Entertainment One -- the name behind "Peppa Pig," and others -- for $4 billion. Though Entertainment One's lineup is marketable, investors aren't sure this is the right step at the right time for the struggling company, which makes "Star Wars," "Transformers" and "My Little Pony" toys.Mattel, which owns Barbie and Hot Wheels just to name a few, saw its stock slump 7% largely because Hasbro's deal to buy Entertainment One makes it very unlikely it would also be looking to acquire Mattel as well. Some investors were hoping, and even expecting, the two lethargic names in the toy business to team up as a means of propping one another up.Increasingly strained trade ties with China isn't good news for either toy company either.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy on the Dip * 7 Marijuana Stocks With Critical Levels to Watch * 7 Internet of Things Stocks to Buy Now The post Stock Market Today: Trump's Tweets Rattle Investors, Foot Locker Trips appeared first on InvestorPlace.

  • Ford, GM, Tesla Slump as US-China Trade War Escalates
    Market Realist

    Ford, GM, Tesla Slump as US-China Trade War Escalates

    Today, the S&P; 500 Index opened 0.5% lower amid reports that China would impose tariffs on $75 billion of US goods—intensifying the US-China trade war.

  • Reuters

    UPDATE 3-Trump presses U.S. companies to close China operations

    President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close their operations in China and make more of their products in the United States instead, sending U.S. markets down sharply in a new rhetorical strike at Beijing as trade tensions mounted. Trump cannot legally compel U.S. companies to abandon China immediately.

  • All You Need to Know About Harley-Davidson's 2020 Update
    Zacks

    All You Need to Know About Harley-Davidson's 2020 Update

    Harley-Davidson's (HOG) 2020 model lineup including LiveWire, Low Rider S and CVO Tri Glide is in sync with the "More Roads to Harley-Davidson" growth plan.

  • Trade the TSLA Stock Rumor With Confidence
    InvestorPlace

    Trade the TSLA Stock Rumor With Confidence

    There was a time when Tesla (NASDAQ:TSLA) stock was a shining star on Wall Street, and Tesla CEO Elon Musk could do no wrong. This has all changed in the last 12 months. The pool of fans for both has dwindled in size.Source: franz12 / Shutterstock.com This a self-inflicted wound as the TSLA leader played chicken with legislators on social media and it landed him in court. As innovative as he is, Musk's shenanigans were jaw-dropping.The consequences hit TSLA stock hard. Year-to-date, it's down 33% while the S&P 500 is up almost 20%. The TSLA stock bulls are no longer buying the dips with conviction like the olden days.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Retail Stocks to Buy on the Dip On Thursday, a rumor broke out that Volkswagen CEO was looking to buy a stake in TSLA. This turned out to be fake news, but it helped some of the headline pop. And therein lies an opportunity as this is a trade-able event. TSLA Stock Pop's Thanks to RumorToday's thesis is that as bad as Tesla stock performance has been, the mere existence of the rumor places a bid below the stock. Simply stated, if Tesla stock falls low enough, someone will buy it.Consider the theoretical scenario where Tesla drops well below $200, there will be big money looking to buy the company. The hope exists now and where there is rumor this is truth in-the-making. The fact that Thursday's pop held suggests that there are believers still.The accomplishments of Elon Musk are undeniable. But he needs to hand TSLA over to more competent operators so they can take it to the next level. The least he could do is hire better help to do it on his watch.This is nothing against TSLA, in fact it's a testament to what they've accomplished so far and the potential that the company still has. In the right hands, Tesla could blossom into a formidable global competitor to the current major auto manufacturers.General Motors (NYSE:GM) and most other majors, are making a serious push into the electric market. They are on Tesla's heels, so the window of opportunity is closing. Being the first mover gave Tesla an advantage, but the longer they take to get their act together, the easier it will be for the majors to catch up and stifle them. Trade the TSLA Stock Rumor With CertaintyI am not a fan of buying the shares and hoping that Mr. Musk comes through. But I could take a bullish trade that requires no hopium. I can sell downside risk 30% below current price and generate income for what others fear.For example, I can sell the March 2020 Tesla $140 put and collect $9 to open. This way I don't even need a rally to profit. As long as Tesla stock stays above $140 between now and next march, I retain maximum games. Otherwise I own the shares and break even at $131.Alternatively and to limit the downside risk, I can sell a spread instead. This way the maximum exposure becomes finite and equal to the width of the spread minus what I collect to open it. Bottom Line on Tesla StockThis trade setup is not entirely dependent on the buyout rumors. TSLA stock has intrinsic value to count on. Even though they are still not profitable, the stock sells at only 1.8 times sales. From that perspective it's not bloated. Low rates for long also helps its operations remain well-funded.This strategy works well when volatility is high. And since the overall markets are still nervous about the Federal Reserve actions, geopolitical headline risk, and Tesla-specific uncertainties, the put premiums are higher than normal. They are ripe for selling.This wan, if and when the CBOE Volatility Index (VIX) reverts closer to normal levels near $13.5, this trade becomes profitable without any price movement at all. Nevertheless, these are uncertain times and I don't sell naked puts unless I am willing and able to own the shares. And I never risk more than I can afford to lose.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room for free here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy on the Dip * 7 Marijuana Stocks With Critical Levels to Watch * 7 Internet of Things Stocks to Buy Now The post Trade the TSLA Stock Rumor With Confidence appeared first on InvestorPlace.

  • Ford Stock: Price Target, Valuation Compared to Peers
    Market Realist

    Ford Stock: Price Target, Valuation Compared to Peers

    Ford (F) stock has slumped 5.1% in August amid criticism from President Trump, rising trade tension, and the bond yield curve inversion.

  • Electric Vehicles: China Leads as Trump Steps Back
    Market Realist

    Electric Vehicles: China Leads as Trump Steps Back

    Electric vehicle sales have soared in China over the last few years. The country is now planning gasoline-car-free zones.

  • Ford Earns Trump’s Ire by Siding with California
    Market Realist

    Ford Earns Trump’s Ire by Siding with California

    Last month, four automakers, including Ford, made a voluntary deal with California to make cars cleaner and more fuel efficient. Trump isn't happy with the deal.

  • Tesla Autopilot Troubles Go Way beyond Crashes
    Market Realist

    Tesla Autopilot Troubles Go Way beyond Crashes

    Tesla Autopilot is usually in the news due to crashes. In August, a Tesla car crashed in Russia when the autopilot feature was turned on.

  • Auto Stock Roundup: Honda to Stop Auto Production in Argentina, Ford Recalls
    Zacks

    Auto Stock Roundup: Honda to Stop Auto Production in Argentina, Ford Recalls

    Ford (F) to recall more than 108,000 mid-size cars in North America. Group 1 Automotive (GPI) raises dividend payout.

  • Benzinga

    This Day In Market History: Cadillac Is Founded

    Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 117 years ago, the Cadillac Motor Company was founded. Where The Market Was ...

  • Trump Lashes Out Against Carmakers Cool to His Mileage Plan
    Bloomberg

    Trump Lashes Out Against Carmakers Cool to His Mileage Plan

    (Bloomberg) -- President Donald Trump lashed out at automobile manufacturers who’ve pushed back on his administration’s plan to weaken fuel-efficiency requirements, dismissing them as “politically correct.”“My proposal to the politically correct Automobile Companies would lower the average price of a car to consumers by more than $3000, while at the same time making the cars substantially safer,” Trump said in a tweet on Wednesday. “Engines would run smoother. Very little impact on the environment! Foolish executives!”The tweet was apparently prompted by a compromise that Ford Motor Co., Honda Motor Co., BMW AG and Volkswagen AG have reached with California’s clean-air regulator to bolster the fuel efficiency of autos sold in the U.S. through 2026, defying the Trump administration’s plan. Gavin Newsom, California’s Democratic governor, has called on other automakers to join the pact though none have thus far.August 21, 2019 That deal represents the most clear-cut example of auto industry unease with the Trump administration’s August 2018 proposal to dramatically ease fuel economy and vehicle greenhouse gas emissions standards drafted by the Obama administration, which sought to boost average fuel efficiency to roughly 50 miles per gallon by 2025.The Trump administration instead recommended capping mileage requirements at a 37-mile-per-gallon fleet average after 2020, and revoking California’s authority to regulate tailpipe greenhouse gas emissions, which it’s done in coordination with Washington for several years.Trump regulators have argued that capping fuel economy standards at 2020 levels would lead to less-expensive new cars than under the current rules, allowing consumers to replace their older vehicles with newer, safer ones more rapidly and avoid thousands of traffic fatalities.Experts and EPA career staff have disputed those assertions.Automakers for months have urged the Trump administration to moderate that plan, fearing a lengthy legal battle over California’s regulatory powers would throw the critical standards into uncertainty for years. Those efforts have had little sway so far on the White House, which rejected a plea by 17 carmakers last month to work out a compromise with California.The companies also want to avoid a split market -- with federal mileage requirements in most states and more stringent rules in more than a dozen states that adhere to California’s standards. The states that follow California standards account for more than a third of all U.S. auto sales.“The Legendary Henry Ford and Alfred P. Sloan, the Founders of Ford Motor Company and General Motors, are “rolling over” at the weakness of current car company executives willing to spend more money on a car that is not as safe or good, and cost $3,000 more to consumers,” Trump said later Wednesday in another tweet. “Crazy!”Ford, in a statement Wednesday evening, said the company was “proud to lead the way in taking the right actions for the environment while at the same time protecting consumer affordability and the short- and long-term health of the industry.”(Updates with Ford statement in final paragraph.)\--With assistance from Keith Naughton.To contact the reporter on this story: Ryan Beene in Washington at rbeene@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, Joshua Gallu, John HarneyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters

    UPDATE 2-Trump attacks Ford Motor for not backing fuel economy rollback

    U.S. President Donald Trump stepped up a series of attacks on automakers on Wednesday for not backing his administration's plan to roll back Obama-era fuel efficiency rules, singling out Ford Motor Co in particular for backing a deal with California for stricter fuel economy standards. Ford is one of four automakers, along with Honda Motor Co , BMW AG and Volkswagen AG, that reached a voluntary agreement with California on fuel efficiency rules, defying Trump and his administration's effort to strip the state of the right to fight climate change by setting its own standards.

  • GuruFocus.com

    The Fed Has Crossed the Interest Rate Rubicon

    Politics is a dangerous game for a supposedly apolitical organization to play Continue reading...

  • Trump Calls Auto Execs ‘Foolish’ Over Emission Rules
    Market Realist

    Trump Calls Auto Execs ‘Foolish’ Over Emission Rules

    Today, in a tweet, US President Donald Trump called automobile company executives “foolish.” While Ford and GM are in the green, Tesla is down.

  • Tesla Stock Needs to Start Trading Like a Car Stock
    InvestorPlace

    Tesla Stock Needs to Start Trading Like a Car Stock

    Tesla (NASDAQ:TSLA) is finally a real car company. And Tesla stock will be in trouble until it starts trading like it.Source: Ivan Marc / Shutterstock.com Tesla delivered 95,356 cars during the second quarter and expects to deliver 400,000 for the year. Right now, TSLA has 15% of the U.S. luxury car market. Once its Shanghai factory ramps up, production will rise another 150,000 per year.When all this was a glint in Elon Musk's eye, five years ago, Tesla shares sold for $259 each. They open August 21 at $225.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Undervalued Stocks With Breakout Potential Tesla stock is finally being valued as a real car company. Even profitable car companies like General Motors (NYSE:GM), are worth just a small percentage of their sales. Tesla is still valued at twice its 2018 revenue.The result has been a great year for Tesla stock shorts. At the end of July almost 40 million Tesla shares were being borrowed and sold short. Tesla has 172 million shares outstanding. Tesla's Solar FailFor investors, Tesla is strictly a car company. Total revenue from its batteries and solar panels represent just 7% of revenue. The batteries are doing great, especially as back-up power for commercial utilities. The solar panels are doing horribly.Tesla paid $2.6 billion to get into this business in 2016, buying SolarCity -- from his cousins. At the time, SolarCity was the U.S. leader in residential solar. Now it's fourth, behind Sunrun (NASDAQ:RUN), Vivint Solar (NASDAQ:VLSR) and SunPower (NASDAQ:SPWR).Tesla is trying to juice up its market share with a rental program, starting at $50 per month for a 3.8 Mw system. The program is being offered in six states. It may do well in Connecticut, where electricity costs $23.35 per megawatt hour. It may do poorly in New Mexico where the cost is $12.21 per megawatt hour.There are also "gotchas" that make this look more like an old-fashioned solar lease than a true rental, like a $1,500 charge to remove the panels. The quality may also be suspicious. Walmart (NYSE:WMT) is suing Tesla because panels on 7 of its stores caught fire. It wants Tesla to remove panels from 240 stores and pay damages. Tesla stock's Remaining BullsThere remain Tesla bulls, like investor Ron Baron. He says 90 million cars are sold each year, meaning there's still a huge addressable market. He says Tesla's production costs are declining, and other carmakers are still slow-walking the move to electrics.In markets that love Tesla, people really love Tesla. The Tesla Model 3 now has 46% of the near-luxury car market in California. In Norway Tesla has 70% of the electric market and diesel vehicle sales are down 95%. Tesla's "secret master plan" from 2009 is working. Money from the high-end Tesla Roadster has gone into mass production of less-expensive models with a larger market. A pick-up truck and semi-trailer are on the way. People can, in theory, power their homes with Tesla solar cells and batteries.But Tesla is still bleeding cash. Even after cutting its research and capital spending to industry norms, it lost $167 million on operations in the second quarter, a net loss under GAAP of $2.31 per share. It needs to increase that research budget to bring out promised new models, and it needs to increase capital spending to scale production. The Bottom Line for TeslaTesla is changing the world but, like those solar companies mentioned earlier, it's not making a ton of money while doing it.Tesla may turn a small profit later this year because it has cut spending and is ramping up production. But it will be a small profit. To justify its $40.4 billion market cap, it must at some point make a large profit. * The 10 Best Marijuana Stocks to Buy Now It's nowhere near that, which is why the bears and shorts are having their day with it. At this point, Tesla stock would be better off trading like a car stock.Dana Blankenhorn is a financial and technology journalist. He is the author of the mystery thriller, The Reluctant Detective Finds Her Family, available at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Marijuana Stocks to Ride High on the Farm Bill * 8 Biotech Stocks to Watch After the Q2 Earnings Season * 7 Unusual, Growth-Oriented REITs to Buy for Your Portfolio The post Tesla Stock Needs to Start Trading Like a Car Stock appeared first on InvestorPlace.

  • GuruFocus.com

    This Lithium Stock Is Better Than Tesla

    This company can win the electric vehicle war Continue reading...

  • 4 Auto Stocks Breaking Down to Sell Now
    InvestorPlace

    4 Auto Stocks Breaking Down to Sell Now

    United States equities are on the slide Tuesday as traders react to reports President Donald Trump is considering a payroll tax cut as a way to juice the economy. The New York Times added that a reversal of trade tariffs against China and other nations was another possible option. The White House has downplayed both rumors, leaving a feeling of disappointment on Wall Street.One of the areas being hardest hit is the automotive sector, with inventories bloated, buyers balking and higher interest rates weighing on affordability. The result is that prices are starting to fall, production is likely to be cut and profitability will come under pressure. * 10 Undervalued Stocks With Breakout Potential No surprise then that these four auto stocks are suffering as a result. They should be sold now.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Auto Stocks to Sell: Ford (F)Ford (NYSE:F) shares are threatening to break down further away from their 200-day moving average. Already down more than 13% from their double-top highs, watch for a return to the January-March trading range near $8.20 which would be worth a loss of nearly 10% from here.The company will next report results on Oct. 23 after the close. Analysts are looking for earnings of 29 cents per share on revenues of $35.3 billion. When the company last reported on July 24, earnings of 28 cents missed estimates by 3 cents on a 0.4% rise in revenues. General Motors (GM)General Motors (NYSE:GM) shares have also fallen just below their 200-day moving average, setting up a test of the early June low near the $33 per share level. This line of demarcation has been toyed with multiple times since the stock topped out in late 2017. Management is putting a lot of hope in its trucks business, which is fiercely competitive. * 7 Safe Dividend Stocks for Investors to Buy Right Now The company will next report results on Oct. 29 before the bell. Analysts are looking for earnings of $1.88 per share on revenues of $36.6 billion. When the company last reported on Aug. 1, earnings of $1.64 beat estimates by 19 cents on a 1.9% decline in revenues. Tesla (TSLA)Amid what seems like daily reports that Tesla (NASDAQ:TSLA) is catching on fire (see here and here), shares of the company have dropped back below their 50-day moving average and are threatening a decline back to its early June low near $180. Such a drop would be worth a loss of more than 20% from here.The company will next report results on Oct. 23 after the close. Analysts are looking for a loss of 44 cents per share on revenues of $6.4 billion. When the company last reported on July 24, a loss of $1.12 missed estimates by 76 cents on a 58.7% rise in revenues. Fiat Chrysler Automobiles (FCAU)Fiat Chrysler Automobiles (NSYE:FCAU) shares have fallen down to test their recent lows -- set back in December and in early March -- trading well off of the highs set in early 2018. A breakdown here would put the mid-2017 lows in play, which would be worth a loss of more than 20% from here. The stock has been hit by the stalling of merger talks with Renault after the French government hardened their position.The company will next report results on Oct. 31 before the bell. Analysts are looking for earnings of 94 cents per share on revenues of $31 billion. When the company last reported on July 31, earnings of 59 cents per share missed estimates by a penny.As of this writing, William Roth did not hold any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post 4 Auto Stocks Breaking Down to Sell Now appeared first on InvestorPlace.

  • The 10 Best Cheap Stocks to Buy Right Now
    InvestorPlace

    The 10 Best Cheap Stocks to Buy Right Now

    [Editor's note: "The 10 Best Cheap Stocks to Buy Right Now" was previously published in June 2019. It has since been updated to include the most relevant information available.]For a surprising number of names, the debate about whether a stock is overbought or oversold is largely irrelevant. Some stocks are simply (still) too cheap to overlook, poised to make gains whether or not the broad market's tide helps out in the foreseeable future. For deeply undervalued equities in anything but a wildly bearish environment, the bigger risk is being on the sidelines rather than in a position. * 10 Cheap Dividend Stocks to Load Up On To that end, here's a rundown of 10 of the market's best cheap stocks to buy right now. In some cases, the per-share price is just oddly low. In other cases, prices compared to earnings are well into single-digit territories. In most cases, both qualities apply.InvestorPlace - Stock Market News, Stock Advice & Trading Tips CBS Corporation (CBS)CBS Corporation (NYSE:CBS) may be down of late, but I still have confidence in CBS stock anyway. The television giant has improved in a big way where it needed to the most, streaming. By 2022, it should have 25 million streaming customers in tow.It's only a sign of the current paradigm shift in how video is delivered to consumers. It's also the reason we've seen a frenzy of M&A within the film and TV arena, the most notable of which is the Walt Disney (NYSE:DIS) acquisition of Twenty-First Century Fox (NASDAQ:FOXA).CBS has also jockeyed to acquire Viacom (NASDAQ:VIAB). At this point, they're just ironing out the details and divvying up the proceeds among the executives.With CBS stock priced at only 5.4 times this year's expected earnings though, the company would also make for a dirt-cheap entry or expansion into the entertainment industry. Air Lease (AL)Source: Karen Neoh via FlickrAir Lease (NYSE:AL) relies on at least a decent economy to drive demand for passenger jets, and recently, investors have seen what they think are too many red flags.Take a closer look at all the data, though, and matters aren't as dire as they may seem. While global economic growth may be running into a near-term headwind in the wake of plenty of political drama, in the bigger picture, airlines still desperately need new aircraft to satisfy demand.In May, and for the 12 months ending then, enplanements and total miles flown once again beat forcasted levels. Boeing (NYSE:BA) believes that between now and 2037, the world's airlines will take delivery of more than 42,000 new aircraft. * 10 Stocks Under $5 to Buy for Fall Given that trend and outlook, Air Lease is undervalued at its forward P/E of just above 5.8. Micron Technology (MU)Source: Shutterstock Micron Technology (NASDAQ:MU) has been a cheap stocks for awhile, but it's bumping up against being properly valued.It's not an easy idea for some investors to get behind.Micron beat the previous quarter's estimates by more than 30% and looks as if it might be coming out of the chip glut cycle better than it entered it.This is a cycle investors have seen over and over again, however, with the same end result every time. That is, producers will curtail production, abating supply and restoring pricing power.Rivals Samsung Electronics (OTCMKTS:SSNLF) and SK Hynix, in fact, have already slowed their DRAM expansion plans, and Micron had undertaken a project to cut capital expenditures by more than $1 billion this year.It could take a while for tempered production to restore DRAM prices, but trading at only 5.22 times this year's projected per-share profits, MU stock is worth the wait. It has been every time before. Citigroup (C)Source: Shutterstock Citigroup (NYSE:C), like most bank stocks, had a rough 2018, and though it has bounced this year, the 2019 rally to-date has been subpar.The stock is trading at a trailing P/E of 10, and a forward-looking earnings multiple of 8. This is cheap even by current banking stock standards, which have been abnormally low.The reason for the mismatched price and forecasted earnings is understandable enough. That is, enough investors are convinced interest rates are going to become just a little too high against a backdrop of just a little too much economic weakness. The concern is largely manifested in the flattening yield curve, which is particularly problematic for banks. * 15 Growth Stocks to Buy for the Long Haul As was the case with Air Lease though (and will be for several others below), the worry isn't fully merited. NCR Corporation (NCR)Source: Shutterstock You may know the company better as National Cash Register Corporation, even though it changed its name years ago to NCR Corporation (NYSE:NCR).The less-limiting moniker reflects the fact that point-of-sale devices are now much more than a means of completing a sale. Since then, the company has expanded into areas like ATMs, self-service kiosks and full-blown inventory management platforms.It's certainly a move in the right direction, although it's arguable that the market isn't giving the new NCR enough credit.That might have something to do with the fact that outfits like Square (NYSE:SQ) and Paypal (NASDAQ:PYPL) are encroaching in NCR's turf. It's a legitimate concern too. There's a huge subset of companies, however, that will prefer to do business with a long-established name like NCR. Timken (TKR)Source: Shutterstock Timken (NYSE:TKR) is anything but a household name. The company makes ball bearings and industrial transmissions to supply mechanical power where it's needed in a manufacturing environment.It's anything but a riveting business, but it's a business that's starting to grow in earnest again as America's industrial engine revs. After rolling over in 2015 as the nation started to fully transition to a service-oriented economy,the United States began making more goods again in 2016. It's never looked back. * 7 Safe Dividend Stocks for Investors to Buy Right Now The paradigm shift has proven to be a boon for Timken, which has grown revenue at a double-digit pace since early 2017. Better still, the new revenue trend has set the stage for earnings growth this year that translates into a projected P/E of only 8.3. General Motors (GM)Source: Shutterstock There's no denying General Motors (NYSE:GM) ran into a headwind four years ago when "peak auto" became a reality. Though a victim of its own rampant success -- subsequent comparisons have all looked lackluster -- investors tend to only care about how current results stack up against the recent past.Those investors, however, may be unfairly harsh with their treatment of GM stock and its peers.While it remains unclear when we'll see another automobile purchase growth cycle again, General Motors is still a solid cash cow, yielding 4.25% while it sports a dirt-cheap trailing P/E of 5.9. * 7 Stocks Under $7 to Invest in Now Regardless, the carmaker continues to impress regardless of the stock's valuation. Nicolas Chahine commented, "the 2018 barrage of tariff headlines made GM stock a tough trade as it fell sharply off its January 2018 highs.This year so far it has been the total opposite. GM management clearly gave Wall Street reason to rejoice and buy the stock and investors ate it up. This morning, they backed up their claim…" Lumentum Holdings (LITE)Don't worry if Lumentum Holdings (NASDAQ:LITE) is an unfamiliar name. Many investors probably haven't heard of it. The company makes communications equipment and industrial lasers and has a big presence in the fiber optic industry.There has never been a time when the world has needed such high-speed connectivity.As more and more wireless devices compete for a finite amount of radiofrequency bandwidth, middlemen are looking for easier and faster ways to offload some of that traffic to physical infrastructure. Fiber-optic lines are more than up to the task.The market doesn't seem to see it yet, pricing LITE stock at a forward P/E of 14.57 despite this year's expected revenue growth of 28% and next year's 27%. As time passes though, Lumentum's role in the future of telecom will become clearer. Terex (TEX)Source: Shutterstock Name any piece of mobile machinery, and Terex (NYSE:TEX) probably makes it. From backhoes to cherry pickers to tracked conveyors to cranes, Terex has solutions for almost any industrial application.That diversity hasn't helped revenue in a while, with the top line peaking in 2014. The stock has been hit-and-miss since then … more misses than hits.The doubters may have overshot their pessimism though, sending TEX stock to a forward-looking P/E of 6.93 after a disappointing second quarter reported in July. While sales growth is expected to slow this year, the company more often than not topped sales and earnings estimates in 2018. It may hold a few pleasant surprises in store this year after this brief stumble. Capital One (COF)Source: Shutterstock Last but not least, add credit card company Capital One (NYSE:COF) to your list of cheap stocks to consider here.Like Citigroup, Air Lease and others, investors have been fearful that a slowing economy -- maybe even a shrinking one -- could work against Capital One. In fact, rising interest rates could hit Capital One particularly hard in that situation, as its target market of risky borrowers could be the first to underpay of stop payments altogether should the global economic condition sour. * 8 Dividend Aristocrat Stocks to Buy Now No Matter What It's another case, however, where the doubters may have overshot. COF stock is now priced at only 7.5 times this year's expected profits, making it one of the cheapest stocks to own in the financial sector. The worst-case scenario is more than priced in.As of this writing, James Brumley held a long position in CBS Corporation. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Oversold Stocks to Run From * 7 Red-Hot E-Commerce Stocks to Consider * 4 Stocks Surging on Earnings Surprises The post The 10 Best Cheap Stocks to Buy Right Now appeared first on InvestorPlace.

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  • Major Headlines Mean Opportunities for Smart Investors
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    Major Headlines Mean Opportunities for Smart Investors

    Well, here we are halfway through National Sandwich Month. It is also Get Ready for Kindergarten Month and National Peach Month, in case you were wondering.Source: Shutterstock And don't get me started on days. I'm sure you're beyond disappointed to know that we missed National Sneak Some Zucchini Into Your Neighbor's Porch Day on August 8. Or National I LOVE My Feet Day! on August 17.I mean, who comes up with these? Clearly people with too much time on their hands.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI have one addition -- National Crazy Market Week. Let's talk about that before moving on to a real national day that actually does have value for us as investors. National Crazy Market WeekLast week was full of major headlines ranging from big earnings releases to the trade issues with China to the flashing of a recession indicator. The media really ran with the latter headline as the bears came out of hibernation.The indicator that caused the recession fears was an inverted yield curve. This occurs when the 2-Year U.S. Treasury bond yield is higher than the yield on the 10-Year bond. That means the government is paying more to people who lend to the country for two years than those who lend for ten years. That's the reverse of what it should be. In a normal yield curve, the longer the maturity of a bond, the higher the yield. This makes sense because bond owners should be paid more for locking their money up for longer periods of time.When the 2/10 yield curve inverts, it historically has been a precursor for a recession. However, it really isn't that black and white if you do the research.Since 1978, when an inversion occurs a recession typically doesn't happen for 21.3 months - nearly two years. Even more surprising to most is that one year after the inversion, the stock market is almost always higher… and by a big margin! Over the last four decades, the stock market was up 20%+ on average one year after the 2/10 yield curve inverts.And when you add in the fact that the Fed will likely lower interest rates a couple more times before the end of this year, the odds become even greater that stocks are poised for a major rally in 2020.Yet again, this is a case of the media telling you only half the story. And it makes it a buying opportunity for smart investors.If you're interested in learning more about my thoughts on the current market environment -- and get a few bonus stock picks at the same time - check out my recent appearance on Yahoo Finance by clicking here. National CBD Day!August 8, was National CBD Day. This celebration makes sense to me because of the rapid growth in CBD availability after hemp became legal last December. The CBD industry is set to explode nearly 40X in just four years. Those opportunities just don't come along very often.One company I've followed for years celebrated that day in style. GW Pharmaceuticals (NASDAQ:GWPH), the manufacturer of the first FDA-approved, CBD-based drug, hit a monthly high.The company announced unbelievable revenue growth of 2,081% in its second-quarter report. Most of that came from Epidiolex, the drug I mentioned above. It brought in sales of $68.4 million in the quarter and $101.9 million through the first six months of 2019. Those figures blew estimates out of the water. The Hemp Business Journal had expected full-year sales of Epidiolex to come in around $65 million.Approximately 12,000 patients have received Epidiolex prescriptions since its launch, and that number is only estimated to continue growing. If the drug's approval is expanded to treat tuberous sclerosis complex -- Phase 3 trials are underway and have been promising so far -- its potential client base could increase by another 50,000.This is only the beginning of CBD. I've said it before and I'll say it again … if CBD were a drug, we would call it a wonder drug. So it's no wonder that the CBD industry is set to experience a huge boom over the next decade. I am not aware of any other industry that has this kind of potential. Third Time's the Charm?Snap (NYSE:SNAP) is giving smart glasses another shot. Earlier this week the company unveiled its third iteration of Spectacles, which have the ability to record video and take pictures in 3D. This latest version will also provide the ability to apply augmented reality effects to the images and videos -- similar to what Snapchat does on our phones.Spectacles 3 will be released this fall, so there's your holiday gift for the person who has everything. They come in two colors, are made of stainless steel (an upgrade from previous plastic models), and cost $380.Augmented reality -- and its close cousin virtual reality -- isn't just about adding cool special effects to pictures. The technology can be used in everything from retail to industrial training to professional and amateur sports. That means there will be a whole lot of winners in this space, and you can be sure I'm keeping a close eye on all of them. Bye-Bye Hybrid VehiclesThe shift toward the future of transportation just took another step forward. General Motors (NYSE:GM) and Volkswagen (OTCMKTS:VWAGY) have announced that they will no longer manufacture hybrid vehicles that run on both gas and electricity. They are going to focus their investments on fully electric cars.In the next four years, General Motors plans to launch 20 electric vehicle (EV) models. And Volkswagen is looking to debut a small plug-in SUV next year in the U.S. and an electric version of its minibus by 2022.I think General Motors President Mark Reuss summed the decision up the best: "If I had a dollar to invest, would I spend it on a hybrid? Or would I spend it on the answer that we all know is going to happen, and get there faster and better than anybody else?"The exact same thinking applies to investing. Invest in what's going to happen, and get there faster and better than anyone else. That's how you make the big money.While other auto manufacturers still plan to maintain their investments in hybrid vehicles along the road toward battery-powered cars, we are now seeing the beginning of what I expect will be a new world of transportation. In fact, Continental AG, one of the largest car-parts makers in the world, announced last week that it would cut its investments in conventional engine parts.Transportation 2.0 is coming, from EVs to AVs (autonomous vehicles). This revolution wouldn't be possible without the next generation of batteries. So naturally, the auto manufacturers want a piece of that pie.Last week, Musashi Seimitsu Industry, a Japanese auto maker, announced a partnership with KeraCel, a battery developer that claims to have created a solid state battery with twice as much energy as lithium-ion batteries that will only cost half as much. Plus, these batteries will be 3D printed, which means they can be manufactured in any shape and in any size -- so they can be used for anything!These potential new batteries are amazing and fit squarely in a couple of big investment themes. And for early investors, they present the kind of moneymaking opportunity that could turn a tiny initial stake into an absolute fortune.Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post Major Headlines Mean Opportunities for Smart Investors appeared first on InvestorPlace.