Bank of America’s 5 Stock Picks for 2023

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In this piece, we will take a look at Bank of America’s Top 5 Stock Picks for 2023. For more top stocks, head on over to Bank of America’s 15 Stock Picks for 2023.

5. General Motors Company (NYSE:GM)

Year to Date Share Price Growth as of February 8, 2023: 22.92%

Number of Hedge Fund Holders In Q3 2022: 74

General Motors Company (NYSE:GM) is one of the biggest car manufacturers in America. The firm makes and sells trucks, cars, crossover cars, and other vehicles. It also provides spare parts for its products and is based in Detroit, Michigan.

Keeping an eye on the electric vehicle future, General Motors Company (NYSE:GM) is interested in acquiring a stake in the Brazilian metals giant Vale SA’s metals unit, according to multiple media reports in February 2023. 74 of the 920 hedge funds polled by Insider Monkey had bought the firm’s shares in Q3 2022.

Follow General Motors Corp (NYSE:GM)

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