With lots of bad press and GM's stock tumbling below the $2 dollar range, many individuals are starting to think that now is the time to buy GM stock.
Unfortunately, they couldn't be further from the truth! The voliatility of these economic times necessitates that more factors come into play than just GM's low stock price to make GM stock a good buy.
Why then do people persist in wanting to buy GM stock? For one, there is a certain familiarity that individual's have with GM the company as well as GM stock.
Historically, GM stock has been a great buy, and year after year it has produced steady dividends for its investors.
However, in the last decade GM has fallen heavily from its former glory, as years and years of sub-par products, debt, and high industry costs have caught up with them.
Many investors in this market, after waiting out its enormous decline, are starting to wade back into the waters and test to see if there are any likely stocks to buy.
The fact of the matter is, this market has taken down many good stocks along with the bad.
There are many, many good stocks to buy out there, however don't be led into thinking that GM is a good buy right now just because of the low price and its familiarity.
Learn to differentiate good companies set to rally from bad ones which may never recover from this decline and you are sure to be a successful investor.
What are some of the decades long issues that are weighing down GM as well as the entire American Auto Industry? Read more at Why Buy GM Stock to learn more about how these issues will most likely not have easy overnight solutions.
Unfortunately, they couldn't be further from the truth! The voliatility of these economic times necessitates that more factors come into play than just GM's low stock price to make GM stock a good buy.
Why then do people persist in wanting to buy GM stock? For one, there is a certain familiarity that individual's have with GM the company as well as GM stock.
Historically, GM stock has been a great buy, and year after year it has produced steady dividends for its investors.
However, in the last decade GM has fallen heavily from its former glory, as years and years of sub-par products, debt, and high industry costs have caught up with them.
Many investors in this market, after waiting out its enormous decline, are starting to wade back into the waters and test to see if there are any likely stocks to buy.
The fact of the matter is, this market has taken down many good stocks along with the bad.
There are many, many good stocks to buy out there, however don't be led into thinking that GM is a good buy right now just because of the low price and its familiarity.
Learn to differentiate good companies set to rally from bad ones which may never recover from this decline and you are sure to be a successful investor.
What are some of the decades long issues that are weighing down GM as well as the entire American Auto Industry? Read more at Why Buy GM Stock to learn more about how these issues will most likely not have easy overnight solutions.
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