On the one hand, growth could be driven by the company’s shift towards VE production – a clear trend in the new decade. Indeed, there is this tendency or it is imposed on us by big capital, it is better to tell it to serious economists and experts in conspiracy theories. Another important point for growth is that production lags behind sales, but this decreases car inventories around the world, which could lead to pent-up demand. According to the US Automotive Innovation Alliance, however, production will decrease by 1.27 million vehicles: “The semiconductor problem is expected to return to normal in the second quarter, but it could be a longer process. “.
For fans of financial indicators like p / e, ebitda, p / s – the company is one of the cheapest on the market, in comparison with the same You’re here . But that’s about the level of Volkswagen. ROE = 14.39% – can be considered good. As the DG and at the scale of green technology companies, the market may overstate the value of its shares. And now is a good time to try to be one of the first to jump on this train.
There is also a trend for new fuel cells like hydrogen. General Motors has been working on fuel cells for over 50 years, giving it the foundation and technical know-how to adapt quick. The company has a range of batteries and is spending more than $ 35 billion on various forms of clean technology through 2025 to build on the results of its research. The company has partnered with Navistar to supply its Hydrotec fuel cell power cubes for use in commercial trucks. Also in partnership with Westinghouse Air Brake Technologies to use its batteries and fuel cells on a new generation of freight locomotives. He is even involved in a demonstration project with the private company Liebherr Aerospace to study the use of hydrogen to power airplanes. (MUST SEE AND Connect the power )
2. Analyst targets:
10/9/21 Wells Fargo maintains overweight at 63.0
08/09/21 Jefferies maintains 53.0
8 / 05 / 21 Credit Suisse maintains its outperformance 75.0
7/08/21 Wedbush launches coverage on performance above 85.0
Institutional investors have bought securities more actively than they have sold over the past 2 quarters.
Among the largest, we can of course note that Berkshire Hathaway Inc reduced its share by 10.4% (total holding 3.55 billion), Morgan stanley increased its share by 12.3% (total holding 779 million), Price T Rowe Associates Inc. MARYLAND reduced by 33.8% (total holding 746 million), UBS Asset Management Americas Inc increased its share by 8.7% (total holding of 348 million)
3. It should also be noted that the recovery of the automotive business will have a positive impact impact on companies related to plastics and chemicals (TiO2)
PS I apologize for the possibly twisted text, I am using a translator to have contact with a foreign audience.