Should You Hold General Motors Company (GM) Stock for the Long-Term?

Diamond Hill Capital, an investment advisor, released its “Large Cap Concentrated Strategy” second quarter 2022 investor letter. A copy of the same can be downloaded here. The second quarter was challenging for US stocks, and the large-cap Russell 1000 Index fell by more than 16%. Despite a challenging second quarter, the fund outperformed the Russell 1000 Index. The stock selection in technology, consumer discretionary, healthcare, consumer staples, and industrials sectors contributed...