The following video is part of our "Motley Fool Conversations" series, in which industrials editor and analyst Brendan Byrnes and industrials editor and analyst Isaac Pino discuss topics across the investing world.
In today's edition, Brendan and Isaac discuss GM, which recently reported earnings. Despite missing estimates, the stock took off, gaining nearly 9% on the day earnings were announced. The company is still losing boatloads of money in Europe, and management made it clear that is unacceptable. GM's stock price was helped upward by most of the headlines focusing on GM's full year in 2011, in which it booked its biggest profit ever. Brendan explains why, despite missing estimates and the stock jumping, GM is still a buy.
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