Sell GM and Ford sometime between now and December 13

October 31, 2023 @ 5:14 pm | Breaking News, F, GM, Jubak Picks Portfolio | 0 comments

On my subscription site JubakAM.com I added Step #7 to my Special Report: 8 Steps to Protect Your Portfolio from the Global Debt Bomb today. And my advice was to sell Ford and General Motors sometime between now and before the December 13 meeting of the Federal...

General Motors reports record revenue in fourth quarter and big beat on earnings

January 31, 2023 @ 10:29 pm | Breaking News, GM, Jubak Picks Portfolio | 0 comments

General Motors (GM) shares are up 8.34% as of the close today after the company reported a huge jump in earnings for the fourth quarter and the full year. For the quarter the car company reported adjusted earnings per share of $2.12 versus an expected $1.69, and...

Take that Ford: GM will boost spending on electric and autonomous vehicles by 30% through 2025

June 16, 2021 @ 7:06 pm | Breaking News, F, GM, Jubak Picks Portfolio | 0 comments

General Motors (GM) will boost global spending on electric and autonomous vehicles to $35 billion through 2025. That’s a 30% jump over its last spending plan, Reuters reported today. The No. 1 U.S. automaker will build two additional U.S. battery plants and...

Selling GM out of the Jubak Picks Portfolio today

March 31, 2020 @ 7:08 pm | Breaking News, GM, Jubak Picks Portfolio | 0 comments

Automakers are scheduled to report first quarter sales numbers tomorrow with Ford Motor (F), Fiat Chrysler, and General Motors (GM) all expected to snow big declines. And the next quarter looks even worse. “There are basically no U.S. auto sales right now,” Adam...

GM dividend looks safe for now after credit line draw down

March 24, 2020 @ 11:24 pm | Breaking News, Dividend Income Portfolio, GM, Jubak Picks Portfolio, Volatility | 0 comments

General Motors (GM) drew down its $16 billion credit line today to maximize its financial cushion as the auto industry headed into a very uncertain future. The $16 billion drawdown adds to the $16 billion in cash that General Motors projects to have on hand by the end...

Buying General Motors in my Dividend Portfolio

February 28, 2020 @ 7:41 pm | Breaking News, Dividend Income Portfolio, GM | 0 comments

I don’t think the coronavirus stock market rout is over, but I do believe you have to be opportunistic about snapping up dividend yield during this correction. Today shares of General Motor (GM) were down another 2.12% as of 2:40 p.m. New York time. That brings...

Adding General Motors to my Jubak Picks Portfolio

December 17, 2019 @ 6:13 pm | Breaking News, Buy, GM, Jubak Picks Portfolio | 0 comments

Yesterday, December 16, I made General Motors (GM) Bargain Pick #7 in my Special Report: 12 Bargain Stocks Picks NOW. (That Special Report is available to subscribers to my JubakAm.Com paid site.) And I also added it to my Jubak Picks portfolio. On the bargain front,...