
·5 min read
GM Beat and Raised — The Old-Economy Stock That's Quietly Working
Ruslan Averin on General Motors' Q2: $3.57 EPS beat $3.20, revenue topped $48B, and management raised full-year profit guidance. The read.

Ruslan Averin on General Motors' Q2: $3.57 EPS beat $3.20, revenue topped $48B, and management raised full-year profit guidance. The read.

Ruslan Averin's read — GM crushed Q1, shrank its EV losses, raised guidance and launched a $6B buyback — yet trades at 8x earnings. At $80 after a 3.5% pullback, this is the auto name I'd actually buy.