http://profitabletradingtips.com/profitable-trading-tips/should-you-buy-general-motors-stock Should You Buy General Motors Stock? GM stock is up. nasdaq writes, should you buy General Motors at its all-time high? shares of general motors gm surged on monday after it was announced that the automaker is ready to debut its semi-autonomous driving technology. the question is, should investors consider buying gm stock? a dozen cadillac ct6 sedans outfitted with gm’s new “super cruise,” hands-free driver assist technology will depart from new york on monday and drive all the way to los angeles in a demonstration of gm’s new self-driving car technology. the news sent gm stock up over 2.60% to a hit new 52-week high. The world of automobiles is changing. More and more folks in cities take public transportation and rent a car for the day or even a few hours when needed. Electric cars may be the only models available in a decade and self-driving cars are on the way. Who is going to thrive in this environment and who is going to disappear? In the glory years for cars in the 1950s common names like Studebaker, Packard and American Motors vanished as the Big Three automakers dominated. Then foreign imports prospered and eventually contributed to bankruptcy of Chrysler two times around and finally GM. There is no promise that large American car makers or any current car makers will succeed in business as the world of cars changes. GM Stock The new General Motors came out of bankruptcy in 2011. Its stock price quickly went up to $39 a share before descending to $20 a share. By the beginning of 2014 GM sold for just over $40 a share and has gone up and down until finally peaking above $40 a share at it all time high. In short GM stock has recovered to where it was when the company came out of bankruptcy. It is not, like the FANG stocks, on a continual upward path. Nevertheless there are analysts who rate GM a buy. CNBC reports that Deutsche Bank predicts GM will launch a self-driving car fleet ahead of its major competitors. deutsche bank said in late september that it expects gm to launch self-driving cars sooner than most expect. since then, gm’s management confirmed to deutsche bank that it will offer autonomous vehicles “well ahead of competitors,” research analyst rod lache and a team of analysts said in a sunday report. lache also said gm plans to launch its own transportation service to compete with lyft and uber.

1. By www.ProfitableTradingTips.com

2. GM stock is
up. nasdaq writes, should you buy
General Motors at its all-time
high?

3. “shares of general motors gm
surged on monday after it was
announced that the automaker is
ready to debut its semi-
autonomous driving technology.

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5. the question is, should investors
consider buying gm stock?

6. a dozen cadillac ct6 sedans
outfitted with gm’s new “super
cruise,” hands-free driver assist
technology will depart from new
york on monday and drive all the
way to los angeles in a
demonstration of gm’s new self-
driving car technology.

7. the news sent gm stock up over
2.60% to a hit new 52-week high.”

8. The world of automobiles is
changing.

9. More and more folks in cities take
public transportation and rent a
car for the day or even a few
hours when needed.

10. Electric cars may be the only
models available in a decade and
self-driving cars are on the way.

11. Who is going to thrive in this
environment and who is going to
disappear?

12. In the glory years for cars in the
1950s common names like
Studebaker, Packard and American
Motors vanished as the Big Three
automakers dominated.

13. Then foreign imports prospered
and eventually contributed to
bankruptcy of Chrysler two times
around and finally GM.

14. There is no promise that large
American car makers or any
current car makers will succeed in
business as the world of cars
changes.

15. GM Stock

16. The new General Motors came out
of bankruptcy in 2011.

17. Its stock price quickly went up to
$39 a share before descending to
$20 a share.

18. By the beginning of 2014 GM sold
for just over $40 a share and has
gone up and down until finally
peaking above $40 a share at it all
time high.

19. In short GM stock has recovered to
where it was when the company
came out of bankruptcy.

20. It is not, like the FANG stocks, on
a continual upward path.

21. Nevertheless there are analysts
who rate GM a buy.

22. CNBC reports that Deutsche Bank
predicts GM will launch a self-
driving car fleet ahead of its
major competitors.

23. “deutsche bank said in late
september that it expects gm to
launch self-driving cars sooner
than most expect.

24. since then, gm’s management
confirmed to deutsche bank that
it will offer autonomous vehicles
“well ahead of competitors,”
research analyst rod lache and a
team of analysts said in a sunday
report.

25. lache also said gm plans to launch
its own transportation service to
compete with lyft and uber.”

26. New technology can be profitable
but all too often the winners in a
race to implement new tech are
not obvious in advance.

27. The story of Betamax and VCR is
worth remembering.

28. Betamax was a superior
technology but lost out to VCR.

29. And today both are mere
memories as they were supplanted
by disc technology.

30. And now people get their movies
downloaded over the internet via
Netflix and others while
Blockbuster video is long gone.

31. Should you buy General Motors
stock at its all-time high on the
promise of profits from self-
driving cars and electric vehicles?
Time will tell.