5 Cheap Global Stocks to Buy

3. General Motors Company (NYSE:GM)

PE Ratio (TTM) as of March 30: 5.86

Number of Hedge Fund Holders: 80

At the end of Q4 2022, General Motors Company (NYSE:GM) was spotted on 80 hedge funds’ portfolios. The total stakes of these hedge funds amounted to $3.46 billion in the company.

On March 27, Citi analyst Itay Michaeli reiterated a Buy rating on General Motors Company (NYSE:GM) and revised his price target on the stock to $76 from $82.

General Motors Company (NYSE:GM) has gained 9.36% over the past 6 months, as of March 30, and has a TTM PE ratio of 5.86. The stock is placed third among the best cheap global stocks to buy now.

As of December 31, Berkshire Hathaway is the most prominent shareholder in General Motors Company (NYSE:GM) and has disclosed stakes worth $1.68 billion.

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