One Stock That Has More Than Doubled in Three Years and Three Factors Driving Its Continued Growth

Key Facts on General Motors’ Performance

General Motors (NYSE: GM) has reported a significant increase in stock price, climbing 116% over the past three years and over 62% in the last 12 months, compared to a 21% rise in the S&P 500. Its commitment to shareholder value is evident through approximately $30 billion in share buybacks, reducing shares outstanding by about 500 million over the last five years, resulting in a total shareholder yield of 7.6% versus Ford’s 4.2% dividend yield.

GM is also focusing on its software business, particularly OnStar and Super Cruise, which generated $2.7 billion in revenue last year and has $5.4 billion in deferred revenue. GM anticipates a further increase to $3.1 billion in realized revenue and $7.5 billion in deferred revenue this year.

Looking to the future, GM expects to achieve profitability with electric vehicles (EVs) within three to five years. The company is investing in LMR battery technology to lower costs, responding effectively to the shift in EV demand while aiming to offset earlier losses related to this transition.