General Motors' (NYSE:GM) stock was part of the benchmark S&P 500 Index for decades, but was kicked out when it entered bankruptcy in 2009.

It could soon be back, though: GM has recovered well from its near-death experience, and now meets all of S&P's criteria for inclusion. In this video, contributor John Rosevear explains why rejoining the benchmark index is important to GM -- and why it could be a very good thing for GM investors.

Motley Fool contributor John Rosevear owns shares of Ford and General Motors. Follow him on Twitter at @jrosevear. The Motley Fool recommends Facebook, Ford, and General Motors. The Motley Fool owns shares of Facebook and Ford. 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.