$General Motors (GM.US)$ I happen to be long GM; I think Bar...
$General Motors(GM.US$ I happen to be long GM; I think Barra is the goods. However, much of Barra's success to date has involved restructuring "old" GM; she's got GM 'out' of Europe, for example. The plan to transition to BEVs, to leverage autonomy, and to otherwise become more of a 'platform' company is loaded with execution risk, though. Note, GM originally wanted to launch its robo taxi biz in 2019.
All in, I am happy to stick around for the ride. There is nothing wrong with a CEO aiming high. In fact, I think the auto industry is so subject to disruption, that CEOs have little choice but to innovate or die. I acknowledge the risks in owning GM, but I think it stands a reasonable chance of paying off.
Best of luck to all.
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PrimroseE : GM is a BUY.
Jacques Conine PrimroseE: Here’s another one: PWR…..any thoughts?
BraveRoy Jacques Conine: I consulted with my mother on PWR.
She says hold.
I say buy.
Celestinel : So are you very optimistic about the General Motors stock?
Mittchell : Risk and reward are proportional, and you should accept its risks while enjoying its rewards.