General Motors (NYSE: GM) and Ford (NYSE: F) are both trading for rather low valuations, and both are in the early stages of figuring out their electric vehicle strategies. In this video, I sit down for a chat with Fool.com automotive expert John Rosevear to take a closer look at which stock is the better buy right now.
*Stock prices used were the morning prices of Aug. 23, 2024. The video was published on Aug. 30, 2024.
Should you invest $1,000 in General Motors right now?
Before you buy stock in General Motors, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and General Motors wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $731,449!*
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.
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John Rosevear has no position in any of the stocks mentioned. Matt Frankel has positions in General Motors. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy.
Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.