We recently published 13 Stocks Jim Cramer Talked About. General Motors Company (NYSE:GM) is one of the stocks that Jim Cramer talked about.
Car manufacturer General Motors Company (NYSE:GM)’s shares are up by 67% over the past year and are flat year-to-date. Cramer discussed the firm after European car manufacturer Stellantis announced a $26.5 billion electric vehicle writedown. He indicated his preference to change the narrative and remarked that General Motors Company (NYSE:GM) CEO Mary Barra had anticipated the event. As per The Fly, DZ Bank discussed the firm’s shares in late January. It bumped the rating from Hold to Buy and set a $98 share price target. In February, Benchmark raised General Motors Company (NYSE:GM)’s share price target to $90 from $65 and kept a Buy rating on the shares. The financial firm commented that the car manufacturer has managed to buffer from electric vehicle losses and had ended 2025 after executing superior price management and tariff navigation. In this context, Cramer’s brief comments about General Motors Company (NYSE:GM) are unsurprising:
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“Well I’m going to say, how about we change the narrative here? How about how Mary Barra saw it and nailed really nailed it? Isn’t that the story instead of these guys? Hey, did you see Mary Barra? She anticipated this.”
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Disclosure: None. This article is originally published at Insider Monkey.
