What Does Wall Street Think About General Motors Company (GM)?

General Motors Company (NYSE:GM) is one of the best affordable growth stocks to buy. On August 19, Wedbush raised the firm’s price target on General Motors Company (NYSE:GM) to $65 from $55, keeping an Outperform rating on the shares.

General Motors Company (GM)'s CEO Should Be Worried, Says Jim Cramer

The analyst told investors that General Motors Company’s (NYSE:GM) logistics strategies and production relocation should soften the impact of tariffs.

The firm believes that General Motors Company (NYSE:GM) is “embarking down a major path of growth”, supported by a stronger EV market position compared to the last few years and the launch of new models in the coming 6-12 months, catalyzing consumer demand for the company.

However, Wells Fargo analyst Colin Langan maintained a Sell rating on General Motors Company (NYSE:GM) on August 15, setting a price target of $38.00.

General Motors Company (NYSE:GM) is involved in the manufacturing, design, and sale of cars, trucks, crossovers, and automobile parts. It is also involved in the development of autonomous vehicles.

The company also provides software-enabled subscriptions and services, with its operations divided into the following segments: GMNA, GMI, Cruise, and GM Financial.

While we acknowledge the potential of GM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GM and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.