4 Consumer Stock Stories Making An Investment Shopping Buzz

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General Motors Company (NYSE:GM): Closing price $33.45

On Wednesday, the iconic automaker said that it is targeting an investment grade credit rating “within the year” as it trys to distance itself from the stigma of its 2009 bankruptcy. The goal was leaked in slides posted online prior to presentations by Chief Executive Dan Akerson and Chief Financial Officer Dan Ammann, who are meeting with analysts at the firm’s test track in Milford, Michigan. Ammann did not employ the words in the slide, he did remarked that GM is “obviously targeting an investment grade rating as soon as possible. We’re obviously working toward that … and something that we hope to achieve in the near term.”

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