- With CEO Mary Barra, GM has the best CEO in the auto industry.
- For a $40 stock, Q3 was borderline spectacular.
- The NKLA deal is a real coup for GM and Mary Barra.
- GM’s China JV sales will continue to grow rapidly.
- A spin-off of GM’s EV division would immediately boost the stock price.
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General Motors (GM) has started a turnaround campaign under CEO Mary Barra. Under her direction, GM has turned its sight on new technologies in the transportation industry that will benefit going forward.
I have written two recent articles on GM, one comparing its new efforts with Ford (F) “GM Vs. Ford: GM Wins In A Landslide”, and one comparing it to Tesla (NASDAQ:TSLA) “GM Vs. Tesla: Buy GM If You Have A 5-Year Plan”.
In this article, I will explore GM’s recent moves and how that applies to their future success or failure.
Here are 5 reasons why GM remains an excellent investment choice for the next 5 years.
Note: Unless otherwise noted pictures and graphs from GM.
1. With CEO Mary Barra, GM has the best CEO in the auto industry
Mary Barra has been CEO of GM since 2014. Since that time, she has consistently focused GM on the next generation of EVs (Electric Vehicles) while slowly and profitably leaving the ICE (Internal Combustion Engine) market behind.
That focus on the future is relentless and, if successfully implemented, will lead GM to success it hasn’t seen in decades.
Her knowledge of GM and its strengths and weaknesses is encyclopedic since she has worked for GM since she was a 19-year-old engineering intern.
Mary was named by Institutional Investor‘s yearly survey of top executives, the 2019 All-America Executive Team, including first place in the autos and auto parts sector.
A well-deserved accolade in my opinion.
