5 Unstoppable Stocks That Will Make You Richer

4. General Motors Company (NYSE:GM)

Price Target Upside: 16.67%

Year-to-date Gain as of April 11: 21.61%

Number of Hedge Fund Holders: 83

General Motors Company (NYSE:GM) is a famous maker and seller of cars, trucks, and crossovers, and also provides automobile parts, software-enabled services, and subscriptions.

Hedge fund sentiment was positive toward General Motors Company (NYSE:GM) in Q4 of 2023. In the quarter, 83 hedge funds held positions in the company, with positions worth $3.929 billion. This is compared to 66 funds in the prior quarter, with positions worth $2.033 billion. As of December 31, 2023, Harris Associates is the most dominant shareholder in the company and has a position worth $1.284 billion.

The company has gained 21.61% year-to-date, as of April 11, and is the 4th unstoppable stock that will make you richer according to our list. Moreover, on April 10, Morgan Stanley raised the price target on General Motors Company (NYSE:GM) to $46 from $43 and maintained an Overweight rating on the shares.

In the last three months, 19 Wall Street analysts have covered General Motors Company (NYSE:GM), and 12 maintain a Buy-equivalent rating on the stock. The average price target of $51.17 represents an upside of 16.67% from the last price of $43.86, as of April 11.