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RE: LeoThread 2024-12-04 08:53

in LeoFinance8 days ago

Part 5/10:

In light of the automotive industry's transformation toward electric vehicles (EVs), GM has positioned itself as an undervalued player. Following a successful buyback of shares and expansion into the autonomous vehicle market, GM is not only posting strong profits but also trailblazing innovation through its subsidiary, Cruise.

Despite a robust year with a near 95% share increase, GM's price-to-earnings (P/E) ratio remains favorably low at 5.9, presenting a sound opportunity for future investors.

Mobileye

Mobileye specializes in developing autonomous driving technology and systems for automakers. With an $14 billion market cap, the company possesses a strong lead in its niche, focusing on the growing demand for advanced driver-assistance systems.