4 Consumer Stock Stories for Investor Perusal
General Motors Company (NYSE:GM): Current price $28.04
GM’s pickup inventories shot up by 24 percent in January and will thus take out 10 weeks of truck output as it gets ready to launch a redesigned Chevrolet Silverado and GMC Sierra in the second quarter. On Saturday, company spokesman Jim Cain said in a phone interview that the number of trucks it has in stock rose to a 117-day supply at the end of January from 80 per month earlier, adding that the down weeks are for GM’s three pickup plants to allow for the changeover.
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