4 Consumer Stock Stories for Weekend Investment Shopping
General Motors Company (NYSE:GM): Current price $27.68
GM’s fourth quarter net income attributable to common stockholders was $900 million, or 54 cents a share, which was up from $500 million, or 28 cents a share, year-over-year from 2011. The world’s largest market for autos – China – is said to have aided the company long those lines because of wider losses in Europe and rising costs in North America. On the bright side, the results contributed to a third straight money-making year for GM as it competes against Volkwagen AG to retain its status as the best-selling foreign auto maker in China.