The U.S. Treasury is selling 40% of its stake in General Motors (NYSE:GM), a sale valued at $5.5 billion. GM is the last of the big automakers still partially owned by the government after the auto industry bailout. In this video, Motley Fool industrials analyst Isaac Pino discusses why the deal has caused a short-term jump in share prices and cautions investors to take a broader perspective on this industry, and its headwinds, before basing any investment decisions on this deal.
Is GM a Buy After Fed Exit?
The U.S. Treasury has decided to sell 40% of its stake in GM. Does that make it a buy?
Isaac Pino, CPA
(XMFSooner)
Dec 19, 2012 at 7:08PM
Author Bio
Isaac has been been a Foolish investor for 10 years. He manages client portfolios at Huckleberry Capital Management, which involves (mostly) buying and (some) selling of stocks in their accounts. When he is not hunting for companies with wide economic moats, he is chasing his toddler around the Blue Ridge Mountains.
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