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General Motors (GM) Looks Good: Stock Adds 7.1% in Session

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General Motors Company (GM - Free Report) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.  This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $32.25 to $35.18 in the past one-month time frame.

The move came after the company provided upbeat earnings guidance for full-year 2019.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

General Motors currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

General Motors Company Price

A better-ranked stock in the Automotive - Domestic industry may consider Fox Factory Holding Corp. (FOXF - Free Report) , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is GM going up? Or down? Predict to see what others think: Up or Down

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