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GM Stock Explodes on Earnings SURPRISE!

General Motors (NYSE: GM) reported phenomenal results for the third quarter of 2024, showing both strong top line growth and higher-than-expected profitability. The stock is up 9% at 1:00 p.m. ET and in this video, Travis Hoium tells why there's still upside for shareholders long-term.  --------------------------------------------------------------------------------- 💰 If you like this video, check out my free Asymmetric Investing Newsletter for more investment analysis: https://asymmetric-investing.beehiiv.... TRAVIS ON TWITTER:   / travishoium   📊 The charts I use are made with FinChat, the best tool for investment research. I pay for the Pro plan, but you can get started making beautiful charts and asking the AI questions here: https://finchat.io?lmref=OzAxng 📊 20% Off Investment Research Tool Koyfin: https://www.koyfin.com/affiliate/asym... 🎙️ 20% Off Conference Call App Quartr: https://quartr.com/pricing?via=asymme... 🧐Looking for great investment ideas? Visit https://www.fool.com/asym for ten top stock picks from The Motley Fool. 00:00 Phenomenal GM Results Unveiled 00:54 Deep Dive into Financials and Market Position 02:46 Future Prospects and Electric Vehicle Strategy 04:34 Chevy's Electric Future and Super Cruise 05:39 GM's Financial Strategy and Buybacks 08:37 GM vs. Competitors: A Strong Position