5 Best Fortune 500 Stocks to Buy According to Analysts

4. General Motors Company (NYSE:GM)

Upside Potential as of May 3: 28.02%

General Motors Company (NYSE:GM) designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide.

On April 29, TD Cowen bumped up its target on General Motors Company (NYSE:GM) from $122 to $126, while keeping a ‘Buy’ rating on the shares. The target boost, which indicates an upside of over 66% from the current price levels, comes as the analyst firm updated its model following a solid Q1 report by the US carmaker. GM remains a top pick at TD Cowen.

General Motors Company (NYSE:GM) reported strong results for its Q1 2026 on April 28, with the company beating estimates in both earnings and revenue despite a fast-changing geopolitical and ‌regulatory backdrop that is reshaping the industry. The Detroit automaker also raised its profit outlook for FY 2026, now expecting a core profit of $13.5 billion to $15.5 billion, up from $13 billion to $15 billion previously.

The $500 million raise matches the amount that the company expects to recover from refunds tied to a U.S. Supreme Court ruling that struck ​down some of President Trump’s tariffs. Notably, GM’s higher profit guidance comes despite the rising costs amid the US-Iran war.