Even with our lower fair value estimate, the dividend payer looks attractive.
Why Morningstar's Bob Johnson is not the most optimistic guy on the street.
The new General Motors is much leaner than its predecessor, and any near-term litigation risk will have little impact on the automaker's 1.85 billion diluted shares.
Our fair value estimate and moat rating remain intact.
Palisades Hudson Newsletter: http://palisadeshudson.com/sentinel/ Larry Elkin's Blog: http://palisadeshudson.com/current-commentary/