General Motors Investment Thesis
The following is an excerpt from our May piece, GM Investment Thesis, which can be found HERE
In this presentation we discuss how recent recall related setbacks and other temporary conditions have created an excellent opportunity to invest in an international leader at a reduced price.
Here are some excerpts:
Recent recall-related stock price decline of approx. (-15%) provides a compelling opportunity to invest in a fundamentally strong, globally diverse, industry leading company participating in a global auto recovery.
- Valuation gap between GM and its peers is unwarranted and we believe will close, providing strong investor return potential.