Truck, SUV Sales Power GM's Profit--Update
With significantly improved results in North America and a strong financial position, GM is likely ready to test the IPO waters.
The automaker turned in disappointing second-quarter results, but there still is potential for significant margin improvement over the next few years, says Morningstar’s Dave Whiston.
Even after a strong rebound from the market trough in 2009, the U.S. auto sector still has room to run.
Past performance is not indicative of future results. There is neither representation nor warranty as to the current accuracy or, nor liability for, decisions based on such information. This article is distributed for informational purposes only and should not be considered as investment advice, a ...
Ty Bernicke prefers to test conventional wisdom before he applies it to client portfolios.