Time to Buy GM?
On Thursday's edition of the Motley Fool's Investor Beat, host Chris Hill and Fool analysts David Hanson and Matt Koppenheffer take a hard and fast look at the market stories investors need to know.
General Motors was up today, after the U.S. Treasury Dept. announced that it would sell its remaining shares of GM by the end of 2013. While this will mean the government will take a nearly $10 billion loss on its original GM investment, the TARP bailout program as a whole reaped a $10 billion net profit. In this segment, Matt and David take a look at General Motors today, whether they like the stock at today's price, and whether this was the right move for the government.
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The article Time to Buy GM? originally appeared on Fool.com.Chris Hill has no position in any stocks mentioned. David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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